About This Property
The Cottages At Main comprises 24 low-income rental units in Bullard, TX, serving elderly residents since 1995. The community offers four one-bedroom units and twenty two-bedroom units, financed through HOME funding and supported by 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Smith 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 | $966 |
| 1 Bedroom | $1,009 |
| 2 Bedroom | $1,235 |
| 3 Bedroom | $1,621 |
| 4 Bedroom | $1,912 |
Income Limits - Smith County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,750
- Very Low (50%)
- $24,600
- Low (80%)
- $39,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,100
- Low (80%)
- $44,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,100
- Low (80%)
- $56,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,950
- Low (80%)
- $60,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,750
- Low (80%)
- $65,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,550
- Low (80%)
- $69,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,350
- Low (80%)
- $74,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,750 | $24,600 | $39,350 |
| 2 Persons | $17,420 | $28,100 | $44,950 |
| 3 Persons | $21,960 | $31,600 | $50,550 |
| 4 Persons | $26,500 | $35,100 | $56,150 |
| 5 Persons | $31,040 | $37,950 | $60,650 |
| 6 Persons | $35,580 | $40,750 | $65,150 |
| 7 Persons | $40,120 | $43,550 | $69,650 |
| 8 Persons | $44,660 | $46,350 | $74,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bullard, TX?+
The Fair Market Rent (FMR) for Smith County, TX is: $966 (Studio), $1009 (1BR), $1235 (2BR), $1621 (3BR), $1912 (4BR). Actual rent at subsidized properties like The Cottages At Main is typically 30% of household income or less.
What size apartments are available at The Cottages At Main?+
The Cottages At Main offers the following unit types: 4 One-Bedroom, 20 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Smith County, TX?+
For a 4-person household in Smith County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,100, Low Income (80% AMI): $56,150. These limits are set by HUD and updated annually.
What is the price range for apartments in Bullard, TX?+
Based on Fair Market Rent for Smith County, the estimated price range is: 1-bedroom: $1009, 2-bedroom: $1235. Actual rent at The Cottages At Main may be lower for income-eligible households.
How do I apply for housing at The Cottages At Main?+
The Cottages At Main 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.
Who manages The Cottages At Main?+
The Cottages At Main is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at The Cottages At Main?+
The Cottages At Main primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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