6202 W 4th St, Lubbock, TX 79416
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 725 - 985 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.
Conveniently located in the heart of Lubbock, Residences at Shadow Hills offers spacious 1-bedroom and 2-bedroom apartment homes for persons age 55 and older. Each unit features all major kitchen appliances, washer/dryer connections, wall-to-wall carpeting, garbage disposal, private patio, and an individual storage unit. Attached garage and covered parking available. Property amenities include a clubhouse, fitness center, meeting rooms, library, self serve laundry facilities, outdoor entertaining area with BBQ grill, and planned resident events. Residences at Shadow Hills is conveniently located close to shopping, dining and more.
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 Residences at Shadow Hills 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom with Garage (1/1) | 725ft2 | Call for Price† |
| One Bedroom (1/1) | 726ft2 | Call for Price† |
| Two Bedroom with Garage (2/2) | 985ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,200 / year | $33,350 / year | $37,500 / year | $41,650 / year |
| 50% AMI for PBRA Units | $29,200 / year | $33,350 / year | $37,500 / year | $41,650 / year |
| 60% AMI for LIHTC Units | $35,040 / year | $40,020 / year | $45,000 / year | $49,980 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Residences at Shadow Hills have a waiting list?
Residences at Shadow Hills 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 Residences at Shadow Hills?
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 Residences at Shadow Hills?
Residences at Shadow Hills is managed by Carleton Management Services headquartered in Bedford, Texas.
In addition to Residences at Shadow Hills, how many other affordable housing properties (and units) are there in Lubbock?
In addition to Residences at Shadow Hills, we list 323 other affordable properties in Lubbock. Learn about these properties here. Our data research shows that there are a total of 3386 affordable units in Lubbock.
500 N Martin Luther King Blvd, Lubbock, Texas 79403
1102 North Memphis Avenue, Lubbock, Texas 79415
1415 N Knoxville Ave., Lubbock, Texas 79415
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