1210 Forest Trails Dr., Lindale, TX 75771
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 837 - 971 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.
Forest Trails, located in Lindale, Texas is a 60-unit senior development. This duplex-style community offers attached garages, patios and spacious living space. All units include energy efficient appliances, large closets, washer and dryer connections, vaulted ceilings, and a seamless combination of resilient plank flooring and carpet.
Forest Trails also has a community building for leasing and resident enjoyment. Amenities include a fitness room, internet café, laundry room, an oversized kitchen, dining tables and comfortable seating with a large T.V. This space is a great place to gather with neighbors or family! The community building also features a community garden for residents to exercise their green thumb!
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 Forest Trails 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 |
|---|---|---|
| One Bedroom (1/1) | 837ft2 | Call for Price† |
| Two Bedroom (2/1) | 971ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,100 / year | $33,250 / year | $37,400 / year | $41,550 / year |
| 50% AMI for PBRA Units | $29,100 / year | $33,250 / year | $37,400 / year | $41,550 / year |
| 60% AMI for LIHTC Units | $34,920 / year | $39,900 / year | $44,880 / year | $49,860 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Forest Trails have a waiting list?
Forest Trails 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 Forest Trails?
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 Forest Trails?
Forest Trails is managed by Belmont Management Company
In addition to Forest Trails, how many other affordable housing properties (and units) are there in Lindale?
In addition to Forest Trails, we list 9 other affordable properties in Lindale. Learn about these properties here. Our data research shows that there are a total of 180 affordable units in Lindale.
When was the Forest Trails listing last updated?
Forest Trails listing on Affordable Housing Online was last updated on 12/06/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Looking for landlords who will take a Section 8 voucher?
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