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Low Income (LIHTC)Waitlist Closed

Lakeway Apartment Homes

FM 620 AT STORM DRIVE, Austin, TX, 78734

Information verified May 8, 2026ยทWe re-check waiting list status daily

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About This Property

Lakeway Apartment Homes offers 180 low-income units in Austin, TX and serves families, elderly residents, disabled individuals, and those experiencing homelessness. The property is financed through 4% Low-Income Housing Tax Credits and operates under affordable housing requirements. For more information about availability and eligibility, contact the management office.

Waitlist Information

Waitlist managed by Austin Housing Authority

Public Housing Waitlist
Closed
Apply: Online

HACA administers 18 waiting lists for its Project-Based Rental Assistance (PBRA), Low-Income Housing Tax Credit (LIHTC), and Public Housing properties. Individual property waitlists have distinct opening and closing periods.

Last verified April 28, 2026
Section 8 (HCV) Waitlist
Closed

HACA and TDHCA Housing Choice Voucher waitlists are closed.

Last verified February 12, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
180

Fair Market Rent - Travis County, TX

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,519
1 Bedroom$1,635
2 Bedroom$1,924
3 Bedroom$2,470
4 Bedroom$2,840

Income Limits - Travis County, TX

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

1 Person
Extremely Low (30%)
$20,800
Very Low (50%)
$34,650
Low (80%)
$55,400
2 Persons
Extremely Low (30%)
$23,750
Very Low (50%)
$39,600
Low (80%)
$63,300
3 Persons
Extremely Low (30%)
$26,700
Very Low (50%)
$44,550
Low (80%)
$71,200
4 Persons
Extremely Low (30%)
$29,650
Very Low (50%)
$49,450
Low (80%)
$79,100
5 Persons
Extremely Low (30%)
$32,050
Very Low (50%)
$53,450
Low (80%)
$85,450
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$57,400
Low (80%)
$91,800
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$61,350
Low (80%)
$98,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$65,300
Low (80%)
$104,450

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Tax Credit Program Details

Year Placed in Service
9999
LIHTC Credit Type
4%
Low-Income Units
180 / 180
Target Population
FamiliesElderlyDisabledHomeless

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Travis County, TX is: $1519 (Studio), $1635 (1BR), $1924 (2BR), $2470 (3BR), $2840 (4BR). Actual rent at subsidized properties like Lakeway Apartment Homes is typically 30% of household income or less.

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

For a 4-person household in Travis County, TX, the income limits are: Extremely Low Income (30% AMI): $29,650, Very Low Income (50% AMI): $49,450, Low Income (80% AMI): $79,100. These limits are set by HUD and updated annually.

How do I apply for housing at Lakeway Apartment Homes?+

Lakeway Apartment Homes 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.

Is there a waitlist for Lakeway Apartment Homes?+

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.

Who is eligible to live at Lakeway Apartment Homes?+

Lakeway Apartment Homes 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.

Who manages Lakeway Apartment Homes?+

Lakeway Apartment Homes is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Car-Dependent

37
Walk
10
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Travis County, TX

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FRAMEWORKS COMMUNITY DEVELOPMENT CORPORATION

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