Riverside Townhomes is managed by Related Companies.
The newly renovated Riverside Townhomes offer exceptional affordable housing in the Montopolis area of Austin, Texas. This welcoming urban-suburban community is just minutes from the vibrant Historic Downtown area where you will find everything you need from shopping to restaurants and schools to recreation areas. Renters with children are drawn to the area thanks to the many schools rated from A+ to B. In addition, the many parks provide plenty of green space ideal for everyone.
Outstanding amenities and well-designed townhomes make this the ultimate place to call home. Riverside Townhomes offer 1- to 4-bedroom amazing floor plans to choose from. Designer features such as contemporary vinyl plank floors, a ceiling fan in the dining room, and an all-electric kitchen with microwave and dishwasher are in every home. Life here is easier with the comfort and convenience of our cable ready townhomes with carpeted stairs and all utilities included.
Plenty of guest parking makes it easy to welcome family and friends to your new home. Every detail was considered to provide an enjoyable lifestyle including a state-of-the-art fitness center, community clubhouse, and business center with copy and fax services. This community is constantly striving for ways to make your life happier with plans to add a large play area, laundry facilities, and Wi-Fi access throughout the property.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 647 | Call for Price |
Two Bedroom (2/1) | 789 | Call for Price |
Three Bedroom (3/1.5) | 1022 | Call for Price |
Four Bedroom (4/2) | 1164 | 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 a HUD rental assistance program in Austin but actual income limits may differ for units at Riverside Townhomes.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $24,550 | $28,050 | $31,550 | $35,050 | $37,900 | $40,700 | $45,420 | $50,560 |
50% | $40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 | $72,450 | $77,100 |
80% | $65,450 | $74,800 | $84,150 | $93,450 | $100,950 | $108,450 | $115,900 | $123,400 |
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 Riverside Townhomes.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 | $72,450 | $77,100 |
Day | Hours |
---|---|
Monday | 9:00am-6:00pm |
Tuesday | 9:00am-6:00pm |
Wednesday | 9:00am-6:00pm |
Thursday | 9:00am-6:00pm |
Friday | 9:00am-6:00pm |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.