Terrell Senior Terraces

About This Building

Affordable Housing in Terrell, TX: Terrell Senior Terraces, Phase II Introduction: Terrell Senior Terraces, Phase II, is a housing community in Terrell, Texas, offering affordable rental apartments supported by the Low-Income Housing Tax Credit (LIHTC) program. If you are seeking an affordable housing option, these apartments may be suitable for you. LIHTC Program: The LIHTC program provides incentives to builders and developers to create housing options for individuals with low income. As a result, the rent for these apartments is based on the Area Median Income (AMI), ensuring affordability for eligible residents. However, it is important to note that the AMI criteria may make the apartments unaffordable for some low-income individuals. Rental Rates and Availability: To determine if Terrell Senior Terraces is within your budget, we recommend checking the current rental rates. Due to the high demand for affordable housing, there may be a waiting list for these apartments. However, we provide direct contact information so you can reach out and inquire about the application process and your eligibility. Apartment Details: Terrell Senior Terraces offers 144 low-income apartments, with options for both one bedroom and two-bedroom units. The income of all adults planning to reside in the apartment must be included and verified during the application process. For more information, please call to inquire about specific details. Conclusion: If you are seeking affordable housing options in Terrell, Texas, Terrell Senior Terraces, Phase II, may be a suitable choice. Contact them directly to discuss eligibility and the application process for these LIHTC-supported apartments.