4601 N. McColl Rd., McAllen, TX 78504
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 657 - 929 Sq Ft |
This project has been funded and will begin construction soon.
McAllen’s Newest Luxury Senior Community is Now Leasing 1 and 2 Bedroom Affordable Apartment Homes! Avanti Legacy Violet Parc offers quality features and amenities. From the state-of-the-art fitness center, to the luxury resort-style swimming pool, this community offers amenities sure to win your approval.
The spacious floor plans offer some of the best features available in Senior Living. You'll love the gourmet kitchens, 9-foot ceilings and private, covered patios. Just a few minutes from shopping, entertainment, restaurants, and health care facilities, you're going to love the convenient location.
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 Avanti Legacy Violet Parc 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) | 657ft2 | Call for Price† |
| Two Bedroom (2/2) | 929ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year |
| 50% AMI for PBRA Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year |
| 60% AMI for LIHTC Units | $30,300 / year | $34,620 / year | $38,940 / year | $43,260 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Avanti Legacy Violet Parc have a waiting list?
Avanti Legacy Violet Parc 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 Avanti Legacy Violet Parc?
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 Avanti Legacy Violet Parc?
Avanti Legacy Violet Parc is managed by Asset Living Property Management headquartered in Houston, Texas.
In addition to Avanti Legacy Violet Parc, how many other affordable housing properties (and units) are there in McAllen?
In addition to Avanti Legacy Violet Parc, we list 40 other affordable properties in McAllen. Learn about these properties here. Our data research shows that there are a total of 2030 affordable units in McAllen.
When was the Avanti Legacy Violet Parc listing last updated?
Avanti Legacy Violet Parc listing on Affordable Housing Online was last updated on 03/29/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
2200 Beaumont Avenue, McAllen, Texas 78501
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