3700 N K Center, McAllen, TX 78504
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $292 - 999 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
Nolana Villas will soon be ready for you to call home! This affordable apartment community will place you where you want to be in McAllen, Texas. Discover the local shopping, dining, and irresistible entertainment nearby. Located just minutes from Interstates 2 and 69C, your stressful commute is sure to be a thing of the past. Come home to the convenience that you deserve.
A selection of nine floor plans will offer 1-, 2-, and 3-bedroom apartments for rent. All of the pet-friendly homes will include a balcony or patio, breakfast bar, ceiling fans, computer desk, extra storage, pantry, walk-in closets, and a washer and dryer. Some apartment homes will include double vanity sinks, luxury laminate flooring, and hardwood floors. Let Nolana Villas be your gateway to a new standard of living. Residents will be able to enjoy all of the remarkable community amenities, including a clubhouse, play area, dog park, picnic area with barbecue, and laundry facility. Staying fit is easy with the state-of-the-art fitness center and shimmering swimming pool. You will rest assured with gated access and the on-call and on-site maintenance team ready to address any issue that may arise.
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 Nolana Villas 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 (1/1) | 751-766ft2 | $292 $799† |
| Two Bedroom (2/2) | 1009-1042ft2 | $344 $899† |
| Three Bedroom (3/2) | 1168-1179ft2 | $392 $999† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year | $38,950 / year | $41,850 / year |
| 50% AMI for PBRA Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year | $38,950 / year | $41,850 / year |
| 60% AMI for LIHTC Units | $30,300 / year | $34,620 / year | $38,940 / year | $43,260 / year | $46,740 / year | $50,220 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Nolana Villas have a waiting list?
Nolana Villas 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 Nolana Villas?
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 Nolana Villas?
Nolana Villas is managed by Mayfair Management Group headquartered in Boca Raton, FL.
In addition to Nolana Villas, how many other affordable housing properties (and units) are there in McAllen?
In addition to Nolana Villas, we list 22 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 Nolana Villas listing last updated?
Nolana Villas listing on Affordable Housing Online was last updated on 01/25/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Housing options for families with immigrants.
If the head of household is a citizen or eligible immigrant, you can still qualify for HUD programs with a citizenship requirement.Celeste Law says:
"Affordable Housing Online is a great source of information, and is very helpful in answering questions about Section 8 and Public Housing."