Gala at Premier

2425 Premier Dr., Plano, TX 75075

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 - 2 Baths 703 - 908 Sq Ft
check_circle  Senior (62+)
check_circle  Pets Allowed
check_circle  Affordable

This property is currently under construction.

Life at Gala at Premier doesn’t just include your well-appointed apartment home! As a resident of the community, you will gain access to a wide variety of unique and purposeful amenities. Whether enjoying classic movies in the movie theater, stretching and relaxing in the yoga studio, or enjoying a beverage with new friends in the Club House.

From the moment you walk through the doors of your new home at Gala, you will feel the warmth of the community and the convenience of having everything at your fingertips. There is more to experience at Gala at Premier!

Dave's Thoughts On Gala at Premier

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 Gala at Premier 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Gala at Premier Amenities

  • Fitness Center
  • Business Center
  • Library
  • Storage
  • Community Media Center
  • Game Room
  • On-Site Laundry
  • Beauty Salon
  • Wellness Center

Units at Gala at Premier

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 703ft2 Call for Price
Two Bedroom (2/2) 908ft2 Call for Price

Income Qualification for Gala at Premier

*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
50% AMI for LIHTC Units $36,100 / year $41,250 / year $46,400 / year $51,550 / year
50% AMI for PBRA Units $36,100 / year $41,250 / year $46,400 / year $51,550 / year
60% AMI for LIHTC Units $43,320 / year $49,500 / year $55,680 / year $61,860 / year

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

FAQs for Gala at Premier

Does Gala at Premier have a waiting list?

Gala at Premier 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 Gala at Premier?

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 Gala at Premier?

Gala at Premier is managed by Gardner Capital headquartered in Clayton, Missouri.

In addition to Gala at Premier, how many other affordable housing properties (and units) are there in Plano?

In addition to Gala at Premier, we list 93 other affordable properties in Plano. Learn about these properties here. Our data research shows that there are a total of 2210 affordable units in Plano.

When was the Gala at Premier listing last updated?

Gala at Premier listing on Affordable Housing Online was last updated on 01/31/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Gala at Premier

The Savannah at Gateway

401 Shiloh Road, Plano, Texas 75074

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Villas of Mission Bend - Senior Living

1201 Medical Avenue, Plano, Texas 75075

bed 1-2

K Avenue Lofts

2505 K Ave., Plano, Texas 75074

bed 1-3
payment $1099-1508/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Garden Gate Apartments

1201 Legacy Dr, Plano, Texas 75023

switch_access_shortcut Short Wait
accessibility Accessible

Veranda Townhomes

9110 Coit Rd, Plano, Texas 75025

bed 2
switch_access_shortcut Short Wait

Plano Community Homes

1612 Ave L, Plano, Texas 75074

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

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