About This Property
Friendship Place offers 76 low-income residential units in Fredericksburg, Texas, with a mix of one-bedroom, two-bedroom, and three-bedroom floor plans. The property has been in service since 2006 and is financed through 9% Low-Income Housing Tax Credits. The community includes 16 one-bedroom units, 36 two-bedroom units, and 24 three-bedroom units.
Property Details
Fair Market Rent - Gillespie 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 | $959 |
| 1 Bedroom | $966 |
| 2 Bedroom | $1,269 |
| 3 Bedroom | $1,783 |
| 4 Bedroom | $1,886 |
Income Limits - Gillespie County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,900
- Low (80%)
- $41,400
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,300
- Low (80%)
- $53,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,950
- Low (80%)
- $59,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,950
- Low (80%)
- $63,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,900
- Low (80%)
- $68,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,850
- Low (80%)
- $73,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,800
- Low (80%)
- $78,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,900 | $41,400 |
| 2 Persons | $17,750 | $29,600 | $47,300 |
| 3 Persons | $21,960 | $33,300 | $53,200 |
| 4 Persons | $26,500 | $36,950 | $59,100 |
| 5 Persons | $31,040 | $39,950 | $63,850 |
| 6 Persons | $35,580 | $42,900 | $68,600 |
| 7 Persons | $40,120 | $45,850 | $73,300 |
| 8 Persons | $44,660 | $48,800 | $78,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fredericksburg, TX?+
The Fair Market Rent (FMR) for Gillespie County, TX is: $959 (Studio), $966 (1BR), $1269 (2BR), $1783 (3BR), $1886 (4BR). Actual rent at subsidized properties like Friendship Place is typically 30% of household income or less.
What size apartments are available at Friendship Place?+
Friendship Place offers the following unit types: 16 One-Bedroom, 36 Two-Bedroom, 24 Three-Bedroom units, for a total of 76 units.
Who manages Friendship Place?+
Friendship Place is managed by . You can reach them at .
What is the price range for apartments in Fredericksburg, TX?+
Based on Fair Market Rent for Gillespie County, the estimated price range is: 1-bedroom: $966, 2-bedroom: $1269, 3-bedroom: $1783. Actual rent at Friendship Place may be lower for income-eligible households.
How do I apply for housing at Friendship Place?+
Friendship Place 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.
What are the income limits for affordable housing in Gillespie County, TX?+
For a 4-person household in Gillespie County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,950, Low Income (80% AMI): $59,100. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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