601 TX-316 Spur, Pottsboro, TX 75076
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $361 - 1,275 per Month† | 1 - 3 Beds | 1 - 2 Baths | 1 - 719 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.
Experience an affordable lifestyle at Abbington Junction of Pottsboro, nestled in the heart of Pottsboro, Texas. With close proximity to Lake Texoma, Denison and Sherman, you can enjoy all of the fantastic retail, dining, parks, and entertainment destinations in Grayson County. The community offers easy access to major highways including US 82 and US 75, so your commute will be a breeze. Everything you need is within reach, making Abbington Junction your gateway to fun and excitement.
With the selection of 1-, 2-, and 3-bedroom floor plans, finding the perfect home for your lifestyle has never been easier. Custom interiors including paint and cabinetry, faux wood flooring, energy-efficient appliances, and washer and dryer connections are just a few of the features you will find in residences.
This charming community presents comfortable surroundings with amenities suited for everyone. Relax at the resident clubhouse, break a sweat in the fitness center, or have a barbecue with friends while the youngest residents enjoy the play area. This community also features a business center and laundry facility for your convenience. Come home to Abbington Junction of Pottsboro and discover the life you deserve.
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 Abbington Junction of Pottsboro 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) | 719ft2 | $361 $900† |
| Two Bedroom (2/2) | 1ft2 | $429 $1,050† |
| Three Bedroom (3/2) | 1ft2 | $500 $1,275† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year | $44,500 / year | $47,800 / year |
| 50% AMI for PBRA Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year | $44,500 / year | $47,800 / year |
| 60% AMI for LIHTC Units | $34,620 / year | $39,600 / year | $44,520 / year | $49,440 / year | $53,400 / year | $57,360 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Abbington Junction of Pottsboro have a waiting list?
Abbington Junction of Pottsboro 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 Abbington Junction of Pottsboro?
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 Abbington Junction of Pottsboro?
Abbington Junction of Pottsboro is managed by FDI Property Management Services, Inc. headquartered in Spring, Texas.
In addition to Abbington Junction of Pottsboro, how many other affordable housing properties (and units) are there in Pottsboro?
In addition to Abbington Junction of Pottsboro, we list 2 other affordable properties in Pottsboro. Learn about these properties here. Our data research shows that there are a total of 95 affordable units in Pottsboro.
When was the Abbington Junction of Pottsboro listing last updated?
Abbington Junction of Pottsboro listing on Affordable Housing Online was last updated on 11/08/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
115 Williamsburg St, Pottsboro, Texas 75076
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