Park at Woodland Springs

24011 Richard Road, Spring, TX 77386

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
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check_circle  Affordable

Waitlist Forecast

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.

Dave's Thoughts On Park at Woodland Springs

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 Park at Woodland Springs 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Park at Woodland Springs

*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 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $32,650 / year $37,300 / year $41,950 / year $46,600 / year $50,350 / year $54,100 / year $57,800 / year $61,550 / year
50% AMI for PBRA Units $32,650 / year $37,300 / year $41,950 / year $46,600 / year $50,350 / year $54,100 / year $57,800 / year $61,550 / year
60% AMI for LIHTC Units $39,180 / year $44,760 / year $50,340 / year $55,920 / year $60,420 / year $64,920 / year $69,360 / year $73,860 / year

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

FAQs for Park at Woodland Springs

Does Park at Woodland Springs have a waiting list?

Park at Woodland Springs 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 Park at Woodland Springs?

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 Park at Woodland Springs?

Park at Woodland Springs is managed by Vesta Corporation headquartered in Weatogue, Connecticut.

In addition to Park at Woodland Springs, how many other affordable housing properties (and units) are there in Spring?

In addition to Park at Woodland Springs, we list 37 other affordable properties in Spring. Learn about these properties here. Our data research shows that there are a total of 1369 affordable units in Spring.

When was the Park at Woodland Springs listing last updated?

Park at Woodland Springs listing on Affordable Housing Online was last updated on 06/07/2024 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Park at Woodland Springs

Copperwood I

4407 S Panther Creek Dr, Spring, Texas 77381

bed 1-2
payment $683-773/mo.
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Cathedral Lakes

698 Basilica Bay Dr., Spring, Texas 77386

bed 1-3

Harvestwood Apartments

4550 S Panther Creek Dr , Spring, Texas 77381

payment Subsidized
elderly Senior

Spring Trace Apartments

24600 Aldine Westfield Rd, Spring, Texas 77373

switch_access_shortcut Short Wait
accessibility Accessible

Rayfords Edge

25650 I-45, Spring, Texas 77386

bed 1
payment $1010/mo.

The Tribute

26325 Northgate Crossing Blvd, Spring, Texas 77373

bed 1
payment $1085/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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