Runnymede Apartments

1101 Rutland Drive, Austin, Texas 78758

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Runnymede Apartments is accepting applications and does not have a waiting list.

Last updated on February 26th, 2018

Eligibility for Runnymede Apartments

Runnymede Apartments Details

252 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

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.