Villas of Pine Ridge

3110 Towne Park Dr, Tyler, Texas 75701

Contact Villas of Pine Ridge

Message Villas of Pine Ridge

Villas of Pine Ridge is accepting applications and does not have a waiting list.

Last updated on February 26th, 2018

Villas of Pine Ridge Details

  • 148 units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)
  • Accessible Units
  • Pet Friendly

Property Amenities

  • Playground
  • Clubhouse
  • Pool
  • Covered Parking
  • Gated Community
  • Community Garden
  • Pet Friendly

Unit Amenities

  • Handicapped Accessible

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm

About Villas of Pine Ridge

Welcome to Villas of Pine Ridge, where comfort, convenience and companionship await you in a beautifully designed community exclusively for independent adults 55 years and better. Each residence in the unique 148-unit community is built to provide spacious comfort and a sense of individuality. Careful attention has been given to the design of each building to meet the needs of independent active seniors. Our friendly and knowledgeable management staff is here to help make your stay an enriching and comfortable experience.

Low-Income Housing Tax Credit (LIHTC)

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.

Tyler Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Tyler but actual income limits may differ for units at Villas of Pine Ridge.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,650 $28,200 $31,700 $35,200 $38,050 $40,850 $43,650 $46,500
Low Income (60%) $29,580 $33,840 $38,040 $42,240 $45,660 $49,020 $52,380 $55,800

Villas of Pine Ridge was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Villas of Pine Ridge is managed by Quest Asset Management.

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Image of Villas of Pine Ridge

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