Costa Rialto

5015 Aldine Bender Rd , Houston, TX 77032

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 4 Beds	1 - 2 Baths	789 - 1,560 Sq Ft

Call (281) 987-1300 Email

Waitlist Forecast

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.

Make yourself at home at Costa Rialto, a new community with affordable living, desirable amenities and a great location, Costa Rialto is redifining the idea of home. Why settle for an apartment that is too small for your needs or too big for your budget? At Costa Rialto you can choose from affordably priced 1, 2, 3, and 4 bedroom apartment homes.

Dave's Thoughts On Costa Rialto

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 Costa Rialto 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

Costa Rialto Amenities

Controlled Access
Fitness Center
Tot Lot
Playground
Community Room
Business Center
Pool
Laundry Room
24hr Emergency Maintenance
Air Conditioning
Ceiling Fan(s)
Central Air
Dishwasher
Garbage Disposal
Microwave
Washer and Dryer Hookup
Walk-in Closet(s)
Window Coverings
Carpet
Patio Deck Or Balcony

Units at Costa Rialto

Unit (Bd/Ba)	Ft²	Rent
The Miro (1/1)	789ft²	Call for Price^†
The Ramblas (2/2)	1010ft²	Call for Price^†
The Boqueria (3/2)	1255ft²	Call for Price^†
The Catalan (4/2)	1560ft²	Call for Price^†

Income Qualification for Costa Rialto

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
50% AMI for LIHTC Units	$32,650 / year	$37,300 / year	$41,950 / year	$46,600 / year	$50,350 / year	$54,100 / year	$57,800 / year	$61,550 / year
50% AMI for PBRA Units	$32,650 / year	$37,300 / year	$41,950 / year	$46,600 / year	$50,350 / year	$54,100 / year	$57,800 / year	$61,550 / year
60% AMI for LIHTC Units	$39,180 / year	$44,760 / year	$50,340 / year	$55,920 / year	$60,420 / year	$64,920 / year	$69,360 / year	$73,860 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Costa Rialto

Does Costa Rialto have a waiting list?

Costa Rialto 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 Costa Rialto?

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 Costa Rialto?

Costa Rialto is managed by The NRP Group LLC headquartered in Cleveland , Ohio.

In addition to Costa Rialto, how many other affordable housing properties (and units) are there in Houston?

In addition to Costa Rialto, we list 421 other affordable properties in Houston. Learn about these properties here. Our data research shows that there are a total of 52275 affordable units in Houston.

When was the Costa Rialto listing last updated?

Costa Rialto listing on Affordable Housing Online was last updated on 01/03/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.