Lapiz Flats

2300 Ave H East, Grand Prairie, Texas 76011

Lapiz Flats will be a mixed income senior community located near Waggoneer Park in Grand Prairie, Texas. Lapiz Flats will provide 69 units of high-quality affordable housing to support seniors at a variety of income levels.

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

This project has been funded and will begin construction soon.

Eligibility for Lapiz Flats

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 Grand Prairie but actual income limits may differ for units at Lapiz Flats.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$36,100	$41,250	$46,400	$51,550
Low Income (60%)	$43,320	$49,500	$55,680	$61,860

Lapiz Flats Details

69 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Computer Lab
Community Room
Clubhouse
Library

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.