Espero at Rutland is managed by Asset Living Property Management.
Espero at Rutland offers studio apartment homes for those who are experiencing homelessness. Each unit comes furnished with a queen bed and nightstand, couch, end table, coffee table, media console, arm chair, and square dining table with 2 chairs. Other unit amenities include energy star appliances (fridge with ice maker, stove/oven range, microwave, & dishwasher), quartz countertops, a stainless steel kitchen sink, ceiling fan, and energy efficient HVAC. ADA units available. Property amenities include a community room with kitchenette, business center with computers & private work booths, fitness room, on-site laundry facility, outdoor courtyard, and on-site supportive services.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/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 Austin but actual income limits may differ for units at Espero at Rutland.
AMI Band | 1 Person | 2 Person |
---|---|---|
Very Low Income (50%) | $40,900 | $46,750 |
Low Income (60%) | $49,080 | $56,100 |
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.