1000 N Jackson Rd, Hidalgo, TX 78557
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 711 - 1,219 Sq Ft |
This property is currently under construction.
When completed, Avanti Valley View will offer spacious 1-bedroom, 2-bedroom, and 3-bedroom apartment homes. Homes include a variety of amenities such as 9 ft ceiling heights, gourmet kitchens, spacious walk-in closets, and covered patios/balconies. All units will display elegant, professionally selected colors, modern countertops, faux-wood, vinyl plank flooring, and decorative lighting.
Avanti Valley View offers spacious 1-, 2-, and 3-bedroom apartment homes. Each unit includes a variety of amenities such as nine-foot ceiling heights, gourmet kitchens, spacious walk-in closets, and covered patios/balconies.
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 Avanti Valley View 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) | 711ft2 | Call for Price† |
| Two Bedroom (2/2) | 1039ft2 | Call for Price† |
| Three Bedroom (3/2) | 1219ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year | $38,950 / year | $41,850 / year |
| 50% AMI for PBRA Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year | $38,950 / year | $41,850 / year |
| 60% AMI for LIHTC Units | $30,300 / year | $34,620 / year | $38,940 / year | $43,260 / year | $46,740 / year | $50,220 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Avanti Valley View have a waiting list?
Avanti Valley View 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 Avanti Valley View?
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 Avanti Valley View?
Avanti Valley View is managed by Asset Living Property Management headquartered in Houston, Texas.
In addition to Avanti Valley View, how many other affordable housing properties (and units) are there in Hidalgo?
In addition to Avanti Valley View, we list 6 other affordable properties in Hidalgo. Learn about these properties here. Our data research shows that there are a total of 167 affordable units in Hidalgo.
When was the Avanti Valley View listing last updated?
Avanti Valley View listing on Affordable Housing Online was last updated on 02/02/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
1101 E Pirate Dr, Hidalgo, Texas 78557
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