Sagetree Terrace Apartments

15505 Bammel N Houston Rd, Houston, Texas 77014

This building is a HUD 202 and Tax Credit community for older adults (62+) with 1-bedroom units. All units feature a full kitchen and living room and a bathroom with built-in safety features. Individual apartments consist of a full kitchen, living/dining area, bedroom and full bath. Energy star appliances are used throughout the apartments. Additionally, there is a pull cord system within each unit; one near the bed and the other strategically located in the bathroom.

There is a community room with a kitchen. Community space also includes an exercise room, computer room, library, arts and crafts room, trash rooms equipped with trash chutes on each floor, and a central laundry room. There is a covered patio area with tables and chairs off the community room where residents can have BBQs, parties, and socialize with one another and their guests. Sagetree Terrace isa smoke-free community.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	606	Call for Price

Eligibility for Sagetree Terrace Apartments

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 Houston but actual income limits may differ for units at Sagetree Terrace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$19,600	$22,400	$25,200	$30,000	$35,140	$40,280	$45,420	$50,560

Sagetree Terrace Apartments Details

65 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 202 Supportive Housing for the Elderly

Property Amenities

Fitness Center
Computer Room

Unit Amenities

Ceiling Fan(s)
Dishwasher
Garbage Disposal
Microwave
Washer and Dryer Hookup
Refrigerator
Private Patio and Balcony
Energy Efficient Appliances
Wall-to-Wall Carpeting
Walk-in Shower

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 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.