1521 Sherwood Forest St, Houston, TX 77043
Waiting List Forecast: Likely Short or None
Verified for 2019 by Lexi Rich| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $787 - 1,168 per Month† | Studio - 3 Beds | 1 - 2.5 Baths | 462 - 1,120 Sq Ft |
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.
Experience a carefree, relaxing lifestyle at Town Parc at Sherwood in Houston, Texas. Perfectly situated in Harris County, our affordable apartments are the ideal place to call home. Our convenient location puts you near the “energy corridor” in the great state of Texas. Living at Town Parc at Sherwood means you're close to Memorial City Mall, City Centre, grocery stores, schools, shopping, entertainment, and all that Houston has to offer.
Thoughtfully designed with comfort and convenience in mind, our studio, one, two, and three-bedroom apartments feature a wide array of stylish features. From a fully equipped kitchen with a dishwasher, quality hardwood-like flooring, plush carpeting to modern mini blinds, Town Parc at Sherwood is dedicated to offering beautiful and affordable apartment rentals.
At Town Parc at Sherwood, we offer residents everything they need for a lifestyle of comfort and convenience. Take advantage of our beautiful pool with brand new cabanas, a sun deck, clubhouse and clothes care center. Our apartment community is professionally managed by Finlay Management, Inc., a private multifamily property management firm with almost forty years of experience in the market-rate, senior and affordable housing sectors. With dedicated management, it is our goal to provide a new lifestyle experience in apartment rental living.
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 Town Parc at Sherwood 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 462ft2 | $787† |
| 1 Bedroom (1/1) | 655ft2 | $843† |
| 2 Bedroom (2/2.5) | 1032ft2 | $1,012† |
| 3 Bedroom (3/2.5) | 1120ft2 | $1,168† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,650 / year | $37,300 / year | $41,950 / year | $46,600 / year | $50,350 / year | $54,100 / year |
| 50% AMI for PBRA Units | $32,650 / year | $37,300 / year | $41,950 / year | $46,600 / year | $50,350 / year | $54,100 / year |
| 60% AMI for LIHTC Units | $39,180 / year | $44,760 / year | $50,340 / year | $55,920 / year | $60,420 / year | $64,920 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Town Parc at Sherwood have a waiting list?
Town Parc at Sherwood 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 Town Parc at Sherwood?
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 Town Parc at Sherwood?
Town Parc at Sherwood is managed by Finlay Management headquartered in Miami, Florida.
In addition to Town Parc at Sherwood, how many other affordable housing properties (and units) are there in Houston?
In addition to Town Parc at Sherwood, we list 328 other affordable properties in Houston. Learn about these properties here. Our data research shows that there are a total of 51825 affordable units in Houston.
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