About This Property
Canova Palms is an affordable housing community in Irving, TX with 58 units, including 50 designated for low-income households. The property serves families, elderly residents, disabled individuals, and formerly homeless persons. It operates under the 9% Low-Income Housing Tax Credit program.
Property Details
Fair Market Rent - Dallas 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 | $1,426 |
| 1 Bedroom | $1,500 |
| 2 Bedroom | $1,758 |
| 3 Bedroom | $2,212 |
| 4 Bedroom | $2,847 |
Income Limits - Dallas County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,700
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $21,400
- Very Low (50%)
- $35,600
- Low (80%)
- $57,000
- Extremely Low (30%)
- $24,050
- Very Low (50%)
- $40,050
- Low (80%)
- $64,100
- Extremely Low (30%)
- $26,700
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,100
- Low (80%)
- $76,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,650
- Low (80%)
- $82,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,200
- Low (80%)
- $88,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,750
- Low (80%)
- $94,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,700 | $31,150 | $49,850 |
| 2 Persons | $21,400 | $35,600 | $57,000 |
| 3 Persons | $24,050 | $40,050 | $64,100 |
| 4 Persons | $26,700 | $44,500 | $71,200 |
| 5 Persons | $31,040 | $48,100 | $76,900 |
| 6 Persons | $35,580 | $51,650 | $82,600 |
| 7 Persons | $40,120 | $55,200 | $88,300 |
| 8 Persons | $44,660 | $58,750 | $94,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Irving, TX?+
The Fair Market Rent (FMR) for Dallas County, TX is: $1426 (Studio), $1500 (1BR), $1758 (2BR), $2212 (3BR), $2847 (4BR). Actual rent at subsidized properties like Canova Palms is typically 30% of household income or less.
What are the income limits for affordable housing in Dallas County, TX?+
For a 4-person household in Dallas County, TX, the income limits are: Extremely Low Income (30% AMI): $26,700, Very Low Income (50% AMI): $44,500, Low Income (80% AMI): $71,200. These limits are set by HUD and updated annually.
Who is eligible to live at Canova Palms?+
Canova Palms 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 Canova Palms?+
Canova Palms is managed by . You can reach them at .
How do I apply for housing at Canova Palms?+
Canova Palms is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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