Sycamore Center Villas
7901 Chandra Ln, Fort Worth, Texas 76134
Contact Sycamore Center Villas
Sycamore Center Villas is managed by Elmington Property Management.
Public Housing Units Waiting List is Closed
Affordable tax credit units and market rate units may still be available at this property. Contact the property by clicking the button above for more information. For more information about the public housing units at this property, call Fort Worth Housing Solutions at (817) 293-0860.
Last updated on February 12th, 2020Eligibility for Sycamore Center Villas
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Fort Worth but actual income limits may differ for units at Sycamore Center Villas.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $21,700 | $24,800 | $27,900 | $30,950 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% | $36,100 | $41,250 | $46,400 | $51,550 | $55,700 | $59,800 | $63,950 | $68,050 |
| 80% | $57,750 | $66,000 | $74,250 | $82,500 | $89,100 | $95,700 | $102,300 | $108,900 |
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 Fort Worth but actual income limits may differ for units at Sycamore Center Villas.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $36,100 | $41,250 | $46,400 | $51,550 | $55,700 | $59,800 | $63,950 | $68,050 |
Sycamore Center Villas Details
- 47 bedroom units.
- Public Housing
- FHA Mortgage Insurance/subsidy
- Low-Income Housing Tax Credit (LIHTC)
- Section 221 (d) (3)
Public Housing
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.
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.
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