Gracelake Townhomes

3985 Sarah St, Beaumont, Texas 77705

Contact Gracelake Townhomes

Eligibility for Gracelake Townhomes

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 Beaumont but actual income limits may differ for units at Gracelake Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$27,300	$31,200	$35,100	$38,950	$42,100	$45,200	$48,300	$51,450
Low Income (60%)	$32,760	$37,440	$42,120	$46,740	$50,520	$54,240	$57,960	$61,740

Gracelake Townhomes Details

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

Property Amenities

Elevator
Community Media Center
Community Garden

Unit Amenities

Energy Efficient Appliances

Nearby Amenities

Near Pharmacy

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-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.