Rosewood Court I & II

5111 North 16th Avenue, Phoenix, Arizona 85015

Contact Rosewood Court I & II

Tucked away at the north end of 16th Avenue from Camelback, Rosewood Court I & II are hidden gems! They are just a short walk to public transportation and a short commute to dining, shopping, entertainment, the Phoenix Library, public parks and much more.

Their community is operated under the Affordable Housing Program under Section 42 of the Internal Revenue Code. This program is designed to facilitate the housing needs of moderate-, middle- or low-income households. Residency at Rosewood Court I & II requires that applicants meet certain qualifying standards established by the government and the Managing Agent.

Rosewood Court I & II offers a laundry room, computer room, community garden, basketball court, playground, supportive services, and a food pantry. After school children services are available at the clubhouse.

Looking for a pet-friendly community? Look no further as Rosewood Court I & II allow one pet per unit with a $250 refundable deposit, $20 per month in pet rent and an executed pet addendum. There are some weight and breed restrictions. Please see the community manager for additional details.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	680	From $765 To $940
2 Bedroom (2/2)	867	From $899 To $1,122
3 Bedroom (3/2)	1188	From $1,027 To $1,256

Eligibility for Rosewood Court I & II

Rosewood Court I & II Details

50 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Playground
Basketball Court
Clubhouse
Laundry Room
Computer Room

Unit Amenities

Ceiling Fan(s)
Walk-in Closet(s)
Yard
Patio Deck Or Balcony

Office Hours

Day	Hours
Monday	8:30am-5:30pm
Tuesday	8:30am-5:30pm
Wednesday	8:30am-5:30pm
Thursday	8:30am-5:30pm
Friday	8:30am-5:30pm
Saturday	Closed
Sunday	Closed

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.