Velma Jeter Manor

2500 Allie Payne Rd, Orange, Texas 77632

Velma Jeter Manor, located at 2500 Allie Payne Rd in Orange, has one, two and three bedroom apartments. Velma Jeter Manor participates in the Section 8 Project-Based Rental Assistance and Low-Income Housing Tax Credit (LIHTC) programs.

Contact Velma Jeter Manor

Message Velma Jeter Manor

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 806 Income Based
2 Bedroom (2/1) 960 Income Based
3 Bedroom (3/1) 1200 Income Based

Velma Jeter Manor Details

  • 70 one, two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Project-Based Rental Assistance

Property Amenities

  • Fitness Center
  • Playground
  • Laundry Room
  • Gated Community
  • Grilling Area
  • Computer Room
  • Park Area With BBQ Grills, Picnic Tables & Gazebos

Unit Amenities

  • Ceiling Fan(s)
  • Washer/Dryer Hookup
  • Water Trash and Sewer Included
  • Energy Efficient Appliances
  • Fire Sprinklers and Monitored Alarms

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Orange HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Orange but actual income limits may differ for units at Velma Jeter Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,700 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,050
50% $22,850 $26,100 $29,350 $32,600 $35,250 $37,850 $40,450 $43,050
80% $36,550 $41,750 $46,950 $52,150 $56,350 $60,500 $64,700 $68,850

Orange Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Orange but actual income limits may differ for units at Velma Jeter Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,850 $26,100 $29,350 $32,600 $35,250 $37,850 $40,450 $43,050
Low Income (60%) $27,420 $31,320 $35,220 $39,120 $42,300 $45,420 $48,540 $51,660

These general income qualifications for Orange, Texas should only be used as a basic guide. To find out if you qualify, contact the community directly.

Velma Jeter Manor was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Velma Jeter Manor has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Velma Jeter Manor is managed by ITEX Property Management.

Image of Velma Jeter Manor
Image of Velma Jeter Manor
Image of Velma Jeter Manor
Image of Velma Jeter Manor

Nearby Low Income Apartment Communities

Park Avenue Manor

2540 W Park Ave
Orange, TX
Income Based
1-3 BR