Darson Marie Terrace, located at 115 Darson Marie in San Antonio, has one bedroom apartments. Darson Marie Terrace participates in the Low-Income Housing Tax Credit (LIHTC) program.
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Darson Marie Terrace is getting its finishing touches and will soon be ready to move-in its first residents! This community is a HUD 202 and Tax Credit community for older adults (62+) with 56 one (1) bedroom units and a two (2) bedroom manager's unit. All units will feature a full kitchen and living room and a bathroom with built-in safety features.
The shared areas of this community will include a lobby with a comfortable seating area, a community room with a kitchen, an exercise room, computer room, a library, an arts and crafts room and a central laundry room. Outside, there will be a large, covered patio where residents can socialize and host parties. Working space for the staff of Darson Marie Terrace will include two office spaces and a reception area. Entry into this community will be controlled by a key fob and intercom system.
Darson Marie Terrace will be a smoke-free community.
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.
Darson Marie Terrace is managed by Retirement Housing Foundation.