2531 West Pleasant Run Road, Lancaster, TX 75146
Waiting List Forecast: Likely Short or None
Verified for 2018 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
"Welcome to a life of relaxation at Villas of Lancaster. Our affordable apartment community for seniors 55 and better is situated in Lancaster, Texas. Our ideal location places you just minutes from your favorite shopping and dining destinations. With convenient access to I-35E, the excitement of the city is only a short drive away. Discover all that Dallas County has to offer at Villas of Lancaster.
Our comfortable and inviting single-level apartments were designed for your needs. Our handicap accessible one and two bedroom floor plans feature ceiling fans, spacious living areas, and washer and dryer connections. Create your favorite meals in your fully-equipped kitchen complete with plenty of cabinet space. Your perfect home is waiting for you at Villas of Lancaster.
Residents at Villas of Lancaster have access to an array of premium community amenities. Stay active in the fitness center, soak up the sunshine by the shimmering swimming pool, or enjoy a movie in the theater room. We also feature an expansive community room, library, salon, and planned resident activities. Discover a new standard of senior living when you come home to Villas of Lancaster."
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 Villas of Lancaster 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
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $36,100 / year | $41,250 / year | $46,400 / year | $51,550 / year |
| 50% AMI for PBRA Units | $36,100 / year | $41,250 / year | $46,400 / year | $51,550 / year |
| 60% AMI for LIHTC Units | $43,320 / year | $49,500 / year | $55,680 / year | $61,860 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villas of Lancaster have a waiting list?
Villas of Lancaster 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 Villas of Lancaster?
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 Villas of Lancaster?
Villas of Lancaster is managed by Quest Asset Management headquartered in Dallas, Texas.
In addition to Villas of Lancaster, how many other affordable housing properties (and units) are there in Lancaster?
In addition to Villas of Lancaster, we list 5 other affordable properties in Lancaster. Learn about these properties here. Our data research shows that there are a total of 424 affordable units in Lancaster.
Applying for housing with bad credit.
Some housing assistance programs require a credit check, including Low-Income Housing Tax Credit apartments. Having bad credit may make you ineligible.Libby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."