307 Carter

307 Carter St, Sulphur Springs, TX 75482

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
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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 307 Carter

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 307 Carter 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 307 Carter

*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 $26,050 / year $29,750 / year $33,450 / year $37,150 / year $40,150 / year $43,100 / year $46,100 / year $49,050 / year
50% AMI for PBRA Units $26,050 / year $29,750 / year $33,450 / year $37,150 / year $40,150 / year $43,100 / year $46,100 / year $49,050 / year
60% AMI for LIHTC Units $31,260 / year $35,700 / year $40,140 / year $44,580 / year $48,180 / year $51,720 / year $55,320 / year $58,860 / year

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

FAQs for 307 Carter

Does 307 Carter have a waiting list?

307 Carter 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 307 Carter?

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.

In addition to 307 Carter, how many other affordable housing properties (and units) are there in Sulphur Springs?

In addition to 307 Carter, we list 9 other affordable properties in Sulphur Springs. Learn about these properties here. Our data research shows that there are a total of 359 affordable units in Sulphur Springs.

Listings Near 307 Carter

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M538090, 1000 South League Street

100 League, Sulphur Springs, Texas 75482

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.