Palladium McKinney

2656 Virginia Pkwy, Mckinney, TX 75071

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey
RentBedsBathsSqFt
Call for Rents1 - 3 Beds1 Bath-
check_circle  Family and Senior
check_circle  Affordable

This property is currently under construction.

Palladium McKinney is an upcoming affordable apartment community offering 1-, 2-, and 3-bedroom units. This community will offer many amenities for residents including a fitness center, sports courts, a swimming pool, and a picnic area.

Dave's Thoughts On Palladium McKinney

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 Palladium McKinney 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Palladium McKinney Amenities

  • Fitness Center
  • Playground
  • Computer Lab
  • Ceiling Fan(s)
  • Microwave
  • Walk-in Closet(s)
  • Grilling Area
  • Kitchen Pantry
  • Swimming pool
  • Private Patio and Balcony
  • Outside Storage Closets
  • Full-Size Washer & Dryer Connections

Units at Palladium McKinney

Unit (Bd/Ba)Ft2Rent
One Bedroom (1/1)-Call for Price
Two Bedroom (2/1)-Call for Price
Three Bedroom (3/1)-Call for Price

Income Qualification for Palladium McKinney

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI*1 person2 people3 people4 people5 people6 people
50% AMI for LIHTC Units$36,100 / year$41,250 / year$46,400 / year$51,550 / year$55,700 / year$59,800 / year
50% AMI for PBRA Units$36,100 / year$41,250 / year$46,400 / year$51,550 / year$55,700 / year$59,800 / year
60% AMI for LIHTC Units$43,320 / year$49,500 / year$55,680 / year$61,860 / year$66,840 / year$71,760 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Palladium McKinney

Does Palladium McKinney have a waiting list?

Palladium McKinney 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 Palladium McKinney?

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 Palladium McKinney?

Palladium McKinney is managed by Palladium Management headquartered in Dallas, Texas.

In addition to Palladium McKinney, how many other affordable housing properties (and units) are there in Mckinney?

In addition to Palladium McKinney, we list 82 other affordable properties in Mckinney. Learn about these properties here. Our data research shows that there are a total of 3609 affordable units in Mckinney.

When was the Palladium McKinney listing last updated?

Palladium McKinney listing on Affordable Housing Online was last updated on 04/24/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Palladium McKinney

Image of West Ridge Villas

West Ridge Villas

9331 Westridge Blvd, Mckinney, Texas 75070

bed 1-3
Image of Woodside Village

Woodside Village

703 Bumpas St, Mckinney, Texas 75069

bed 1-3
payment Subsidized
accessibility Accessible
Image of Kinwood Apartments

Kinwood Apartments

3300 North McDonald Street, Mckinney, Texas 75071

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible
Image of The Lakes of Eldorado

The Lakes of Eldorado

1400 Eldorado Pkwy, Mckinney, Texas 75069

bed 1-3
payment $1027-1411/mo.
switch_access_shortcut Short Wait
accessibility Accessible
Image of Newsome Homes

Newsome Homes

1450 Amscott Street, Mckinney, Texas 75069

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible
Image of The Millennium Apartment Homes

The Millennium Apartment Homes

6551 McKinney Ranch Pkwy, Mckinney, Texas 75070

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening