Low Income (LIHTC)Waitlist Closed

Inwood Terrace

7050 Inwood Park Dr Apt 5, Houston, TX, 77088

Information verified September 28, 2026·We re-check waiting list status daily

Example Photo

About This Property

Inwood Terrace comprises 60 low-income rental units in Houston, Texas, with a unit mix of two 3-bedroom and fifty-eight 4-bedroom apartments. The property was placed in service in 1995 and receives 9% Low-Income Housing Tax Credit funding. The development serves households at or below 60% of area median income.

Waitlist Information

Waitlist managed by Houston Housing Authority

Public Housing Waitlist

Closed

Apply: Multiple

The public housing waitlist lottery for eight specific properties was open from June 22, 2026, to July 6, 2026, and is now closed. Applicants applied online via the RentCafe portal, with assistance available by phone (713-260-0500) or in-person. The lottery aimed to add approximately 10,000 new applicants, who could select up to three preferred properties. Two of the communities, Bellerive and Lyerly, are reserved for seniors aged 62 and older. Income eligibility is generally at or below 80% of the Area Median Income (AMI), with priority often given to households at or below 30% AMI.

Last verified July 8, 2026

Section 8 (HCV) Waitlist

Closed

The Housing Choice Voucher (Section 8) waiting list is currently closed with no announced future opening. It last opened in September 2016 for one week. Existing waitlist members were required to re-register in a new system between May 1 and June 2, 2025. Preferences for the last opening included homeless and transition-age youth aging out of foster care, with applicants placed by random lottery.

Last verified February 12, 2026

Waitlist data provided by section8waitlist.org

Updated September 27, 2026

Property Details

Total Units

3 Bedroom

4 Bedroom

Fair Market Rent - Harris 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	$1,073
1 Bedroom	$1,135
2 Bedroom	$1,357
3 Bedroom	$1,792
4 Bedroom	$2,303

Income Limits - Harris County, TX

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,650
Very Low (50%): $27,750
Low (80%): $44,350

2 Persons

Extremely Low (30%): $19,000
Very Low (50%): $31,700
Low (80%): $50,700

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $35,650
Low (80%): $57,050

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $39,600
Low (80%): $63,350

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $42,800
Low (80%): $68,450

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $45,950
Low (80%): $73,500

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $49,150
Low (80%): $78,600

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $52,300
Low (80%): $83,650

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,650	$27,750	$44,350
2 Persons	$19,000	$31,700	$50,700
3 Persons	$21,960	$35,650	$57,050
4 Persons	$26,500	$39,600	$63,350
5 Persons	$31,040	$42,800	$68,450
6 Persons	$35,580	$45,950	$73,500
7 Persons	$40,120	$49,150	$78,600
8 Persons	$44,660	$52,300	$83,650

Tax Credit Program Details

Year Placed in Service

1995

LIHTC Credit Type

Low-Income Units

60 / 60

Frequently Asked Questions

What is the average rent for affordable housing in Houston, TX?+

The Fair Market Rent (FMR) for Harris County, TX is: $1073 (Studio), $1135 (1BR), $1357 (2BR), $1792 (3BR), $2303 (4BR). Actual rent at subsidized properties like Inwood Terrace is typically 30% of household income or less.

What size apartments are available at Inwood Terrace?+

Inwood Terrace offers the following unit types: 2 Three-Bedroom, 58 Four-Bedroom units, for a total of 60 units.

What is the price range for apartments in Houston, TX?+

Based on Fair Market Rent for Harris County, the estimated price range is: 3-bedroom: $1792. Actual rent at Inwood Terrace may be lower for income-eligible households.

Is there a waitlist for Inwood Terrace?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What are the income limits for affordable housing in Harris County, TX?+

For a 4-person household in Harris County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,600, Low Income (80% AMI): $63,350. These limits are set by HUD and updated annually.

Who manages Inwood Terrace?+

Inwood Terrace is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Inwood Terrace?+

Inwood Terrace 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.

Begin Application Now