About This Property
Villas of Forest Hill offers 100 units of affordable housing in Forest Hill, TX, with 78 units designated for low-income residents. The community includes 47 one-bedroom and 51 two-bedroom apartments and has served elderly residents since being placed in service in 2006. The property utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Tarrant 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 | $1,266 |
| 1 Bedroom | $1,384 |
| 2 Bedroom | $1,617 |
| 3 Bedroom | $2,144 |
| 4 Bedroom | $2,615 |
Income Limits - Tarrant County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,000
- Very Low (50%)
- $28,300
- Low (80%)
- $45,300
- Extremely Low (30%)
- $19,400
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,400
- Low (80%)
- $58,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,400
- Low (80%)
- $64,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,100
- Low (80%)
- $80,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,350
- Low (80%)
- $85,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,000 | $28,300 | $45,300 |
| 2 Persons | $19,400 | $32,350 | $51,750 |
| 3 Persons | $21,960 | $36,400 | $58,200 |
| 4 Persons | $26,500 | $40,400 | $64,650 |
| 5 Persons | $31,040 | $43,650 | $69,850 |
| 6 Persons | $35,580 | $46,900 | $75,000 |
| 7 Persons | $40,120 | $50,100 | $80,200 |
| 8 Persons | $44,660 | $53,350 | $85,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Forest Hill, TX?+
The Fair Market Rent (FMR) for Tarrant County, TX is: $1266 (Studio), $1384 (1BR), $1617 (2BR), $2144 (3BR), $2615 (4BR). Actual rent at subsidized properties like Villas of Forest Hill is typically 30% of household income or less.
What size apartments are available at Villas of Forest Hill?+
Villas of Forest Hill offers the following unit types: 47 One-Bedroom, 51 Two-Bedroom units, for a total of 100 units.
Who is eligible to live at Villas of Forest Hill?+
Villas of Forest Hill primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Forest Hill, TX?+
Based on Fair Market Rent for Tarrant County, the estimated price range is: 1-bedroom: $1384, 2-bedroom: $1617. Actual rent at Villas of Forest Hill may be lower for income-eligible households.
How do I apply for housing at Villas of Forest Hill?+
Villas of Forest Hill 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.
What are the income limits for affordable housing in Tarrant County, TX?+
For a 4-person household in Tarrant County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,400, Low Income (80% AMI): $64,650. These limits are set by HUD and updated annually.
Who manages Villas of Forest Hill?+
Villas of Forest Hill is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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