905 S Panna Maria Ave, Karnes City, TX 78118
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2019 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 644 - 797 Sq Ft |
Since this property is a USDA 515 and LIHTC property that might have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
Savannah Park of Karnes City is a quiet oasis on the heart of the Eagle Ford Shale. Recently renovated, the apartments present an aesthetically pleasing exterior color palette. A covered outdoor picnic area with a picnic table and grill is a wonderful spot for family and community gatherings. The picnic area as well as all outdoor areas as handicap accessible.
The City Park is an asset to the community and available for the use of all its citizens. It consists of a large picnic pavilion, playground facilities with a water feature, baseball fields for softball and Little League activities. There are walking rails and many other user friendly features.
Local festivals such as the Lonesome Dove Fest in the fall and Bluebonnet Days in the spring are community-wide celebrations which can be enjoyed by young and old alike
Because Savannah Park of Karnes City participates in the USDA Section 515 Rural Rental Housing program, this property is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 515 property, you must earn 80% or less of Area Median Income (AMI). However, this property also participates in the LIHTC program, so most or all units in the property are likely limited to persons earning 60% of AMI. Since this property also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. Some Section 521 properties do not offer rent subsidies to all of the units, so it is possible a person earning 50% or less of the AMI is placed on a subsidy waiting list, They would have to pay the full rent until their name comes up on the list. Since this property has benefited from the LIHTC program, it is likely to be in better condition and offer more amenities than other Section 515 properties. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area and need help paying your rent, this property may be good for you. Since this property participates in the LIHTC and RD 515 programs, 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) | 644ft2 | Call for Price† |
| Two Bedroom (2/1) | 797ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,650 / year | $29,300 / year | $32,950 / year | $36,600 / year |
| 50% AMI for PBRA Units | $25,650 / year | $29,300 / year | $32,950 / year | $36,600 / year |
| 60% AMI for LIHTC Units | $30,780 / year | $35,160 / year | $39,540 / year | $43,920 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Savannah Park of Karnes City have a waiting list?
Savannah Park of Karnes City probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Savannah Park of Karnes City?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Savannah Park of Karnes City?
Savannah Park of Karnes City is managed by Belmont Management Company
In addition to Savannah Park of Karnes City, how many other affordable housing properties (and units) are there in Karnes City?
In addition to Savannah Park of Karnes City, we list 2 other affordable properties in Karnes City. Learn about these properties here. Our data research shows that there are a total of 124 affordable units in Karnes City.
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