902 West Eldorado Parkway, Little Elm, TX 75068
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Company Admin| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 737 - 923 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.
Lakeside Manor offers seniors 62 years and older single-story 1 and 2-bedroom affordable apartment homes in Little Elm, Texas. Enjoy the benefits of living at Lakeside Manor: a clubhouse with a party room, full demonstration kitchen, fireplace, and big-screen TV, a 24-hour fitness center with sauna, a swimming pool and four-season indoor hot tub, intercom, and telephone-controlled entry access, landscaped courtyard with picnic and dog walking areas and community events for our active residents. Call today for a tour of your new home!
Give us a call at (972) 668-4000 today to find out more.
*Lakeside Manor participates in an affordable housing program. Household income & student status limitations apply. Please call for more details.
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 Lakeside Manor 62+ Apartments 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom - A (1/1) | 737ft2 | Call for Price† |
| One Bedroom - B (1/1) | 737ft2 | Call for Price† |
| Two Bedroom (2/2) | 923ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,700 / year | $24,800 / year | $27,900 / year | $30,950 / year |
| 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 |
| 80% AMI for PBRA Units | $57,750 / year | $66,000 / year | $74,250 / year | $82,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lakeside Manor 62+ Apartments have a waiting list?
Lakeside Manor 62+ Apartments 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 Lakeside Manor 62+ Apartments?
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 Lakeside Manor 62+ Apartments?
Lakeside Manor 62+ Apartments is managed by Dominium headquartered in Plymouth, MN.
In addition to Lakeside Manor 62+ Apartments, how many other affordable housing properties (and units) are there in Little Elm?
In addition to Lakeside Manor 62+ Apartments, we list 18 other affordable properties in Little Elm. Learn about these properties here. Our data research shows that there are a total of 200 affordable units in Little Elm.
When was the Lakeside Manor 62+ Apartments listing last updated?
Lakeside Manor 62+ Apartments listing on Affordable Housing Online was last updated on 07/23/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
204 Main St, Little Elm, Texas 75068
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Takesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."