The Loretta

13649 Rutledge Spur, Austin, Texas 78717

The Loretta is a beautiful community with 1-, 2-, and 3-bedroom apartments. The community shares an on-site Community Learning Center with the sister property, Lakeline Station. The community’s sustainable design meets or exceeds LEED and Austin Energy Green Building Standards keeping utility costs low. The community is located near the Lakeline Train Station on Rutledge Spur.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	From $1,030 To $1,720
Two Bedroom (2/2)	-	From $1,030 To $1,720
Three Bedroom (3/2)	-	From $1,030 To $1,720

This property is currently under construction.

Eligibility for The Loretta

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 The Loretta.

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

The Loretta Details

137 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Bicycle Storage
Energy Star Appliances
Computer Room
Smoke Free
Community Center
After School Program
Play Area

Unit Amenities

Ceiling Fan(s)
9 ft. Ceilings
Full-Size Washer & Dryer Connections
Heat and Air

Office Hours

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
Saturday	9:00am-5:00pm

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.