Place of Grace

4205 Sarah St, Beaumont, Texas 77705

Contact Place of Grace

Place of Grace is an independent senior (55+) living offering 1 and 2 bedroom units.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/2)	-	Call for Price

Eligibility for Place of Grace

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 Place of Grace.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$27,300	$31,200	$35,100	$38,950
Low Income (60%)	$32,760	$37,440	$42,120	$46,740

Place of Grace Details

128 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Section 221 (d) (3)

Property Amenities

Clubhouse
On-Site Social Services
Community Garden
Community Center
On-Site Laundry
Dog Park

Unit Amenities

Ceiling Fan(s)
Washer and Dryer Hookup
9 ft. Ceilings
Balconies or Patios Available
Outside Storage Closets
Energy Efficient Appliances

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.