920 W. University Blvd., Odessa, TX 79764
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $568 - 770 per Month† | 1 - 3 Beds | 1 - 2 Baths | 750 - 1,100 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.
Finding an apartment home in Odessa, Texas has never been easier! Be one of the residents to call the community of Sedona Springs Apartments their home here at our beautiful apartment community. Sedona Springs Apartments caters to a lifestyle of relaxation and comfortable, spacious living. Our residents appreciate being close to a wide selection of restaurants, shops, and schools.
Our goal at Sedona Springs Apartments is to make our residents smile and it's easy to do so because our community features one, two, and three bedroom floor plans that are designed with your comfort and convenience in mind. Sedona Springs Apartments offers amenities that are second to none! Our apartment homes come well-appointed with an all electric kitchen, balcony or patio with extra storage, breakfast bar, carpet and tile floors, ceiling fans, central air conditioning and heating, disability access, dishwasher, microwave, mini blinds, pantry, refrigerator, walk-in closets, washer and dryer connections, and more!
Take advantage of all the community amenities and services we offer at Sedona Springs Apartments. A shimmering swimming pool, business center, children's play area, covered parking, gated access, laundry facility, access to public transportation, as well as on-call maintenance! We also welcome Section 8. Call and schedule a tour of our community and see why Sedona Springs Apartments is the picture-perfect place to call home.
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 Sedona Springs Apartments 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) | 750ft2 | $568† |
| Two Bedroom (2/2) | 1000ft2 | $674† |
| Three Bedroom (3/2) | 1100ft2 | $770† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year | $42,350 / year | $45,500 / year |
| 50% AMI for PBRA Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year | $42,350 / year | $45,500 / year |
| 60% AMI for LIHTC Units | $32,940 / year | $37,680 / year | $42,360 / year | $47,040 / year | $50,820 / year | $54,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Sedona Springs Apartments have a waiting list?
Sedona Springs Apartments 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 Sedona Springs Apartments?
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 Sedona Springs Apartments?
Sedona Springs Apartments is managed by UAH Property Management, L.P. headquartered in Dallas, Texas.
In addition to Sedona Springs Apartments, how many other affordable housing properties (and units) are there in Odessa?
In addition to Sedona Springs Apartments, we list 33 other affordable properties in Odessa. Learn about these properties here. Our data research shows that there are a total of 2079 affordable units in Odessa.
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Izzie Tiffany says:
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