Waterloo Terrace

12190 N Mopac Expy, Austin, Texas 78758

Waterloo Terrace offers efficiency studios for single adults, located on MoPac and Parmer.

This community offers 132 affordable apartment homes for single adults, with onsite supportive services. Each studio features a full kitchen, bathroom, living space and sleeping space. Common areas include a dog run, fitness center, community kitchen and social work offices.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	From $510 To $1,378

Eligibility for Waterloo Terrace

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 Waterloo Terrace.

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
Low Income (60%)	$49,080	$56,100	$63,120	$70,080	$75,720	$81,300	$86,940	$92,520

Waterloo Terrace Details

132 studio bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Fitness Center
On-Site Social Services
Computer Room
Smoke Free
Courtyard
Resident Lounge
On-Site Laundry
Dog Park

Unit Amenities

Ceiling Fan(s)
Refrigerator
Stove

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	8:00am-4:00pm
Tuesday	8:00am-4:00pm
Wednesday	8:00am-4:00pm
Thursday	8:00am-4:00pm
Friday	8:00am-4:00pm

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.