Leo 'Polo' Palacios Jr. Parkview Terrace

211 W Audry St, Pharr, TX 78577

Waiting List Forecast: Closed

check_circleVerified for 2024 by Lorena Bentley, Ric Gresia
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 1.5 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Family and Senior

Waitlist Information

Pharr Housing Authority Waiting List

Go to the public housing authority page for this waiting list >>

Parkview Village apartments located on 211 W. Audrey in Pharr, TX is a privately owned mixed finance development of  100 units of which 30 are Public Housing units and 64 are Section 8 units. The 7.8 acres site is owned by the Housing Authority and leased to a partnership.

APPLICATIONS AND DEPOSITS
Application fees are $20.50 for the 1st applicant and $15.00 per additional applicant. Deposits are $150.00-(1-bdrm.), $200.00-(2-bdrm.) and $300.00-( 3-bdrm.) per apartment. This amount can increase to one month’s rent depending upon credit scoring and are fully refundable based on lease contract guidelines.

ELIGIBILITY REQUIREMENTS
In order to be accepted as a resident, each applicant must provide third party verification for required information in each of the categories listed below. Failure to meet eligibility requirements in any one or more of these categories will result in rejection of the application.

Household Composition – Definition of household composition: As listed on the application, the first or primary applicant. If only one person is applying, that person will be the head of household. Definition of co-head: the second applicant listed on the application.
Income: Section 8 applicants are welcome. For affordable housing units, the household income must be within the maximum allowed income range as specified by Texas Department of Housing and Community Affairs (TDHCA) as applicable. The following is the maximum allowable income per household, by number of occupants.

Dave's Thoughts On Leo 'Polo' Palacios Jr. Parkview Terrace

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC programonly provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Leo 'Polo' Palacios Jr. Parkview Terrace has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. Records show this property may have been recently associated with the Public Housing program, which means it could have a new RAD Section 8 Project-Based Rental Assistance contract. LIHTC properties tend to have shorter waiting lists however, since this property may have a project-based subsidy, the waiting list may be much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, if this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher cannot be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a possibly longer waiting list if this is indeed a RAD property.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Leo 'Polo' Palacios Jr. Parkview Terrace Amenities

  • Fitness Center
  • Playground
  • Community Room
  • Gated Community
  • Landscaping
  • Resident Lounge
  • Community Kitchen

Units at Leo 'Polo' Palacios Jr. Parkview Terrace

Unit (Bd/Ba) Ft2 Rent
One Bedroom One Bath (1/1) - Call for Price
Two Bedroom One Bath (2/1) - Call for Price
Two Bedroom One in a half Bath (2/1.5) - Call for Price
Three Bedroom One Bath (3/1) - Call for Price

Income Qualification for Leo 'Polo' Palacios Jr. Parkview Terrace

*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
30% AMI for PBRA Units $15,200 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $25,250 / year $28,850 / year $32,450 / year $36,050 / year $38,950 / year $41,850 / year
50% AMI for PBRA Units $25,250 / year $28,850 / year $32,450 / year $36,050 / year $38,950 / year $41,850 / year
60% AMI for LIHTC Units $30,300 / year $34,620 / year $38,940 / year $43,260 / year $46,740 / year $50,220 / year
80% AMI for PBRA Units $40,400 / year $46,150 / year $51,900 / year $57,650 / year $62,300 / year $66,900 / year

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

FAQs for Leo 'Polo' Palacios Jr. Parkview Terrace

Does Leo 'Polo' Palacios Jr. Parkview Terrace have a waiting list?

Leo 'Polo' Palacios Jr. Parkview Terrace has a waiting list. See above for waiting list details.

Are rents subsidized at Leo 'Polo' Palacios Jr. Parkview Terrace?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Leo 'Polo' Palacios Jr. Parkview Terrace, how many other affordable housing properties (and units) are there in Pharr?

In addition to Leo 'Polo' Palacios Jr. Parkview Terrace, we list 29 other affordable properties in Pharr. Learn about these properties here. Our data research shows that there are a total of 1037 affordable units in Pharr.

When was the Leo 'Polo' Palacios Jr. Parkview Terrace listing last updated?

Leo 'Polo' Palacios Jr. Parkview Terrace listing on Affordable Housing Online was last updated on 01/17/2024 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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