1111 Hill Blvd, Granbury, TX 76048
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Hill Court Villas offers spacious 1 & 2 bedroom apartment homes for adults over 55. Enjoy a cardio fitness center, computer center, outdoor picnic areas, onsite management staff with 24 hour emergency maintenance, all for the convenience and enjoyment of the residents. Large open floor plans featuring fully-equipped kitchens with dishwasher, refrigerator, garbage disposal, stove/oven and microwave. Each home also has ceiling fans, full-size washer & dryers and a private patio or balcony with extra storage. Located in Granbury Texas, Hill Court Villas has easy access to great shopping, dining and entertainment, making it the perfect choice for you new home.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Hill Court Villas does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,600 / year | $36,100 / year | $40,600 / year | $45,100 / year |
| 50% AMI for PBRA Units | $31,600 / year | $36,100 / year | $40,600 / year | $45,100 / year |
| 60% AMI for LIHTC Units | $37,920 / year | $43,320 / year | $48,720 / year | $54,120 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Hill Court Villas have a waiting list?
Hill Court Villas probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Hill Court Villas?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Hill Court Villas?
Hill Court Villas is managed by Wilhoit Properties headquartered in Springfield, MO.
In addition to Hill Court Villas, how many other affordable housing properties (and units) are there in Granbury?
In addition to Hill Court Villas, we list 16 other affordable properties in Granbury. Learn about these properties here. Our data research shows that there are a total of 317 affordable units in Granbury.
1201 N Meadows Dr, Granbury, Texas 76048
2804 Saturn Dr, Granbury, Texas 76049
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