1001 N Robertson Rd, Rio Hondo, TX 78583
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $795 - 1,115 per Month† | 1 - 4 Beds | 1 - 2 Baths | 800 - 1,450 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.
Riverside Village is a quaint, gated community offering 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom luxurious apartment homes at an affordable price. Each unit features a fully equipped kitchen with Energy Star appliances and in-unit washer/dryer connections. Property amenities include a community center with a full kitchen, playscape, basketball court, sport court, pavilion, and free after-school program.
Because Riverside Village participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 800ft2 | $795† |
| Two Bedroom (2/1) | 980ft2 | $878† |
| Three Bedroom (3/2) | 1260ft2 | $1,007† |
| Four Bedroom (4/2) | 1450ft2 | $1,115† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year | $38,950 / year | $41,850 / year | $44,750 / year | $47,600 / year |
| 50% AMI for PBRA Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year | $38,950 / year | $41,850 / year | $44,750 / year | $47,600 / year |
| 60% AMI for LIHTC Units | $30,300 / year | $34,620 / year | $38,940 / year | $43,260 / year | $46,740 / year | $50,220 / year | $53,700 / year | $57,120 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Riverside Village have a waiting list?
Riverside Village 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 Riverside Village?
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 Riverside Village?
Riverside Village is managed by Asset Living Property Management headquartered in Houston, Texas.
In addition to Riverside Village, how many other affordable housing properties (and units) are there in Rio Hondo?
In addition to Riverside Village, we list 4 other affordable properties in Rio Hondo. Learn about these properties here. Our data research shows that there are a total of 234 affordable units in Rio Hondo.
When was the Riverside Village listing last updated?
Riverside Village listing on Affordable Housing Online was last updated on 09/25/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
210 E. Colorado St., Rio Hondo, Texas 78583
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Steve Rubin says:
"Affordable Housing Online is an excellent resource, and an important service for those who need it."