1208 East Houston Street, Tyler, TX 75702
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Rachel Overby| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | 400 - 710 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.
Newly Updated, Laurel Flats is a community of affordable apartments in Tyler, TX that invites a new sense of comfort and convenience. This community boasts beautiful efficiency, 1-, and 2-bedroom apartments, complete with amazing amenities and perks. In addition, you won’t need to worry about paying electric, sewer, or garbage fees – those are included with your rent! You can expect a dog park, an outdoor picnic area with a grilling station, an on-site playground, spacious and open floor plans, a fully-equipped kitchen, energy-efficient appliances, and more.
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 Laurel Flats 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 |
|---|---|---|
| Studio (Studio/1) | 400ft2 | Call for Price† |
| One Bedroom (1/1) | 550ft2 | Call for Price† |
| Two Bedroom (2/1) | 710ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,100 / year | $33,250 / year | $37,400 / year | $41,550 / year |
| 50% AMI for PBRA Units | $29,100 / year | $33,250 / year | $37,400 / year | $41,550 / year |
| 60% AMI for LIHTC Units | $34,920 / year | $39,900 / year | $44,880 / year | $49,860 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Laurel Flats have a waiting list?
Laurel Flats 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 Laurel Flats?
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 Laurel Flats?
Laurel Flats is managed by Accolade Property Management headquartered in Irving, Texas.
In addition to Laurel Flats, how many other affordable housing properties (and units) are there in Tyler?
In addition to Laurel Flats, we list 17 other affordable properties in Tyler. Learn about these properties here. Our data research shows that there are a total of 2060 affordable units in Tyler.
When was the Laurel Flats listing last updated?
Laurel Flats listing on Affordable Housing Online was last updated on 01/31/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Preferences are not a requirement.
You should still consider applying to waiting lists with preferences you don't qualify for. There is still a chance to get housing.Steve Rubin says:
"Affordable Housing Online is an excellent resource, and an important service for those who need it."