About This Property
The Residences At Canyon Lake comprises 35 units in Canyon Lake, Texas, with 29 designated as low-income housing. This property serves families, elderly individuals, disabled residents, and formerly homeless populations through a combination of HOME funding and 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Comal County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,067 |
| 1 Bedroom | $1,197 |
| 2 Bedroom | $1,458 |
| 3 Bedroom | $1,846 |
| 4 Bedroom | $2,206 |
Income Limits - Comal County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,600
- Very Low (50%)
- $25,950
- Low (80%)
- $41,550
- Extremely Low (30%)
- $17,800
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,350
- Low (80%)
- $53,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,050
- Low (80%)
- $59,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,050
- Low (80%)
- $64,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,950
- Low (80%)
- $73,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,950
- Low (80%)
- $78,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,600 | $25,950 | $41,550 |
| 2 Persons | $17,800 | $29,650 | $47,450 |
| 3 Persons | $21,960 | $33,350 | $53,400 |
| 4 Persons | $26,500 | $37,050 | $59,300 |
| 5 Persons | $31,040 | $40,050 | $64,050 |
| 6 Persons | $35,580 | $43,000 | $68,800 |
| 7 Persons | $40,120 | $45,950 | $73,550 |
| 8 Persons | $44,660 | $48,950 | $78,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Canyon Lake, TX?+
The Fair Market Rent (FMR) for Comal County, TX is: $1067 (Studio), $1197 (1BR), $1458 (2BR), $1846 (3BR), $2206 (4BR). Actual rent at subsidized properties like The Residences At Canyon Lake is typically 30% of household income or less.
What are the income limits for affordable housing in Comal County, TX?+
For a 4-person household in Comal County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,050, Low Income (80% AMI): $59,300. These limits are set by HUD and updated annually.
Who is eligible to live at The Residences At Canyon Lake?+
The Residences At Canyon Lake primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages The Residences At Canyon Lake?+
The Residences At Canyon Lake is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at The Residences At Canyon Lake?+
The Residences At Canyon Lake is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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