311 Spriggsdale Ave., San Antonio, TX
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $847 - 1,174 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
This property is currently under construction.
Welcome to Villas at Echo East, a residential community featuring 1-, 2-, and 3-bedroom apartments in San Antonio, TX. Spacious layouts and amenities welcome you home, along with exceptional service and an ideal location within walking distance to shopping, dining and entertainment options.
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 Villas at Echo East 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 715-745ft2 | $847† |
| Two Bedroom (2/2) | 865-890ft2 | $1,014† |
| Three Bedroom (3/2) | 1055ft2 | $1,174† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,750 / year | $35,150 / year | $39,550 / year | $43,900 / year | $47,450 / year | $50,950 / year |
| 50% AMI for PBRA Units | $30,750 / year | $35,150 / year | $39,550 / year | $43,900 / year | $47,450 / year | $50,950 / year |
| 60% AMI for LIHTC Units | $36,900 / year | $42,180 / year | $47,460 / year | $52,680 / year | $56,940 / year | $61,140 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villas at Echo East have a waiting list?
Villas at Echo East 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 Villas at Echo East?
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 Villas at Echo East?
Villas at Echo East is managed by Atlantic Pacific Companies
In addition to Villas at Echo East, how many other affordable housing properties (and units) are there in San Antonio?
In addition to Villas at Echo East, we list 570 other affordable properties in San Antonio. Learn about these properties here. Our data research shows that there are a total of 34860 affordable units in San Antonio.
When was the Villas at Echo East listing last updated?
Villas at Echo East listing on Affordable Housing Online was last updated on 02/09/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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