Pecan Pointe Apartments is managed by Investors Management Company.
Pecan Pointe is a 21-unit property located in the Mount Vernon area. Apartment living with a country feel! It is conveniently located within a short distance to grocery stores, pharmacies, restaurants, local shops, and businesses! Pecan Pointe offers spacious 1 & 2 bedroom apartments with washer and dryer hook ups, central heat & air, and energy efficient appliances. Pest control, trash collection, and 24-hour emergency maintenance is included. Pet friendly with pet fee and restrictions. Limited handicap accessible units available. Property amenities include a laundry room and community room. Pecan Pointe was developed and operates with Federal Housing financing which utilizes Federal Housing programs to make rent affordable to low income tenants. Tenants must be 62 years of age or disabled and must be within the income limits. Student restrictions apply. Limited rental assistance is available.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Mount Vernon but actual income limits may differ for units at Pecan Pointe Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $22,750 | $26,000 | $29,250 | $32,500 |
Low Income (60%) | $27,300 | $31,200 | $35,100 | $39,000 |
Day | Hours |
---|---|
Monday | 8:00am-12:00pm , 1:00pm-5:00pm |
Monday | 8:00am-12:00pm , 1:00pm-5:00pm |
Tuesday | 8:00am-12:00pm , 1:00pm-5:00pm |
Tuesday | 8:00am-12:00pm , 1:00pm-5:00pm |
Wednesday | 8:00am-12:00pm , 1:00pm-5:00pm |
Wednesday | 8:00am-12:00pm , 1:00pm-5:00pm |
Thursday | 8:00am-12:00pm , 1:00pm-5:00pm |
Thursday | 8:00am-12:00pm , 1:00pm-5:00pm |
Friday | 8:00am-12:00pm , 1:00pm-5:00pm |
Friday | 8:00am-12:00pm , 1:00pm-5:00pm |
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.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.