About This Property
Cottonview Terrace offers 72 low-income housing units in Taft, TX, serving families, elderly residents, disabled individuals, and formerly homeless persons. The property is financed through 9% Low-Income Housing Tax Credits and provides affordable housing options for residents of San Patricio County.
Property Details
Fair Market Rent - San Patricio 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 | $1,030 |
| 1 Bedroom | $1,104 |
| 2 Bedroom | $1,355 |
| 3 Bedroom | $1,763 |
| 4 Bedroom | $2,066 |
Income Limits - San Patricio County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,600
- Very Low (50%)
- $24,300
- Low (80%)
- $38,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,750
- Low (80%)
- $44,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,200
- Low (80%)
- $49,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,650
- Low (80%)
- $55,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,200
- Low (80%)
- $64,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,750
- Low (80%)
- $73,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,600 | $24,300 | $38,850 |
| 2 Persons | $17,420 | $27,750 | $44,400 |
| 3 Persons | $21,960 | $31,200 | $49,950 |
| 4 Persons | $26,500 | $34,650 | $55,450 |
| 5 Persons | $31,040 | $37,450 | $59,900 |
| 6 Persons | $35,580 | $40,200 | $64,350 |
| 7 Persons | $40,120 | $43,000 | $68,800 |
| 8 Persons | $44,660 | $45,750 | $73,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Taft, TX?+
The Fair Market Rent (FMR) for San Patricio County, TX is: $1030 (Studio), $1104 (1BR), $1355 (2BR), $1763 (3BR), $2066 (4BR). Actual rent at subsidized properties like Cottonview Terrace is typically 30% of household income or less.
What are the income limits for affordable housing in San Patricio County, TX?+
For a 4-person household in San Patricio County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,650, Low Income (80% AMI): $55,450. These limits are set by HUD and updated annually.
Who is eligible to live at Cottonview Terrace?+
Cottonview Terrace 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.
How do I apply for housing at Cottonview Terrace?+
Cottonview Terrace 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.
Who manages Cottonview Terrace?+
Cottonview Terrace is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
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