1915 E. Scharbauer Dr, Midland, TX 79705
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Company Admin, Lorena Bentley, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,143 - 1,568 per Month† | 1 - 3 Beds | 1 - 2 Baths | 1 - 733 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.
Welcome to Scharbauer Flats, your dream affordable community where comfort, leisure, and entertainment are designed with your lifestyle in mind. With a prime location and top-tier amenities, our pet-friendly apartments for rent in Midland, TX, have everything you need to feel right at home.
Whether you choose a one, two, or three-bedroom apartment, you'll benefit from a host of convenient features and services that will make your day a breeze. These include 9-foot ceilings, walk-in closets, a patio or balcony, and on-site management and maintenance teams ready to assist you. When you're ready to step out for some relaxation and recreation, come and enjoy our community amenities, including a swimming pool, business center, outdoor gazebo and picnic pavilion.
Located near N Fairground Rd and E Loop 250 N, you're a stone's throw away from the great dining, shopping, and entertainment venues that Midland has to offer, including The Fairgrounds, Ranchland Hills Golf Club, and Midland Park Mall. Commuting to work won't be a problem, especially since we're located next to several prominent employers, such as Midland Memorial Hospital, Midland College, and Midland Airpark. If the outdoors is more your thing, head on over to Hogan Park to catch some fresh air and connect with nature.
Give us a call at (432) 253-3551 today to find out more.
*Scharbauer Flats participates in an affordable housing program. Household income limits and student status limitations apply. Please call for more details.
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 Scharbauer Flats 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) | 733ft2 | $1,143 $1,164† |
| Two Bedroom (2/2) | 1ft2 | $1,357 $1,389† |
| Three Bedroom (3/2) | 1ft2 | $1,568† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,550 / year | $39,500 / year | $44,450 / year | $49,350 / year | $53,300 / year | $57,250 / year |
| 50% AMI for PBRA Units | $34,550 / year | $39,500 / year | $44,450 / year | $49,350 / year | $53,300 / year | $57,250 / year |
| 60% AMI for LIHTC Units | $41,460 / year | $47,400 / year | $53,340 / year | $59,220 / year | $63,960 / year | $68,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Scharbauer Flats have a waiting list?
Scharbauer Flats 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 Scharbauer Flats?
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 Scharbauer Flats?
Scharbauer Flats is managed by Dominium headquartered in Plymouth, MN.
In addition to Scharbauer Flats, how many other affordable housing properties (and units) are there in Midland?
In addition to Scharbauer Flats, we list 47 other affordable properties in Midland. Learn about these properties here. Our data research shows that there are a total of 2404 affordable units in Midland.
When was the Scharbauer Flats listing last updated?
Scharbauer Flats listing on Affordable Housing Online was last updated on 02/12/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
1509 Wayside Dr, Midland, Texas 79701
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