Cardinal Point Apartments is managed by Foundation Communities.
Cardinal Point is an affordable apartment community offering 1-, 2-, and 3-bedroom units. This community offers many amenities such as an on-site learning center, computer lab, playground, and various sports fields.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 830 | Call for Price |
Two Bedroom (2/2) | 1015 | Call for Price |
Three Bedroom (3/2) | 1300 | Call for Price |
The waitlist for Cardinal Point is currently Closed. There is no indication of when or if this list will reopen.
Last updated on May 20th, 2019Generally, 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 Austin but actual income limits may differ for units at Cardinal Point Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 |
Low Income (60%) | $49,080 | $56,100 | $63,120 | $70,080 | $75,720 | $81,300 |
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 |
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.