Davis Street Housing is an affordable community offering 2-bedroom apartment homes in Fabens, TX. Each unit comes cable ready and features air conditioning, carpeted floors, extra storage, mini blinds, and a refrigerator. Some utilities may be included. Property amenities include an on-site laundry facility, playground, basketball court, plenty of guest parking, and both on-call and on-site maintenance. Davis Street Housing is close to restaurants, shopping, public parks, and schools. Nearby access to Highway 62 and Interstate 10 makes residents commute around the area easy and stress-free.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/1) | 810 | Call for Price |
Eligibility for Davis Street Housing
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 Fabens but actual income limits may differ for units at Davis Street Housing.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
|---|---|---|---|---|
| Very Low Income (50%) | $25,250 | $28,850 | $32,450 | $36,050 |
| Low Income (60%) | $30,300 | $34,620 | $38,940 | $43,260 |
Davis Street Housing Details
- 24 two bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- Section 515 Rural Rental Housing
- Section 521 USDA Rental Assistance
Property Amenities
- Basketball Court
- Clubhouse
- On-Site Parking
- On-Site Maintenance
- Laundry Facilities
- On-Site Laundry
Unit Amenities
- Air Conditioning
- Handicapped Accessible
- Cable Ready
- Carpet
- Refrigerator
- Extra Storage
- Mini Blinds & Curtain Rods
Nearby Amenities
- Near Park
- Near Schools
- Near Highway or Interstate
- Near Shopping
- Near Restaurants
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.
Section 515 Rural Rental Housing
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
Section 521 USDA Rental Assistance
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
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