The Millennium Apartment Homes

6551 McKinney Ranch Pkwy, Mckinney, TX 75070

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 1 - 950 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

It’s a wonderful day at The Millennium! The Millennium Apartment Homes is McKinney's newest upscale community. Offering spacious, and beautifully designed, one, two and three bedroom apartment homes, it's sure to have what you are looking for!

This community offers 24 hour emergency maintenance and is close to Shopping, Dining, Hospitals and much more. They offer a large community room with activity center, a business center, fitness center and much more.

Go experience a community that cares about where you live and offers superior customer service. Call or visit TODAY and allow their professional staff to find the perfect apartment home for you at The Millennium.

Dave's Thoughts On The Millennium Apartment Homes

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 The Millennium Apartment Homes 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. 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.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

The Millennium Apartment Homes Amenities

  • Fitness Center
  • BBQ and Picnic Area
  • Community Room
  • Business Center
  • On-Site Manager
  • 24hr Emergency Maintenance
  • Dishwasher
  • Microwave
  • Online Payments Accepted
  • Washer and Dryer Included
  • Laundry Facilities
  • High Speed Internet Access

Units at The Millennium Apartment Homes

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 750ft2 Call for Price
2 Bedroom (2/2) 950ft2 Call for Price
3 Bedroom (3/2) 1ft2 Call for Price

Income Qualification for The Millennium Apartment Homes

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 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 The Millennium Apartment Homes

Does The Millennium Apartment Homes have a waiting list?

The Millennium Apartment Homes 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 The Millennium Apartment Homes?

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 The Millennium Apartment Homes?

The Millennium Apartment Homes is managed by Inter-Faith Group (IFG) headquartered in Houston , TX.

In addition to The Millennium Apartment Homes, how many other affordable housing properties (and units) are there in Mckinney?

In addition to The Millennium Apartment Homes, 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.

Listings Near The Millennium Apartment Homes

West Ridge Villas

9331 Westridge Blvd, Mckinney, Texas 75070

bed 1-3

Woodside Village

703 Bumpas St, Mckinney, Texas 75069

bed 1-3
payment Subsidized
accessibility Accessible

Palladium McKinney

2656 Virginia Pkwy, Mckinney, Texas 75071

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Kinwood Apartments

3300 North McDonald Street, Mckinney, Texas 75071

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

The Lakes of Eldorado

1400 Eldorado Pkwy, Mckinney, Texas 75069

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

Newsome Homes

1450 Amscott Street, Mckinney, Texas 75069

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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