Southstead Apartments

5520 58th St, Lubbock, Texas 79414

Contact Southstead Apartments

Southstead Apartments features unique studio, 1-, 2-, and 3-bedroom apartment homes with features to make you feel right at home. Enjoy affordable garden style living or single story living and features like a sparkling swimming pool, patios and balconies, fully equipped kitchens, fitness center and so much more!

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	513	Call for Price
One Bedroom (1/1)	637-739	Call for Price
Two Bedroom One Bath (2/1)	822	Call for Price
Two Bedroom Two Bath (2/2)	970	Call for Price
Three Bedroom (3/2)	1120	Call for Price

Eligibility for Southstead 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 Lubbock but actual income limits may differ for units at Southstead Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$17,500	$20,000	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$29,200	$33,350	$37,500	$41,650	$45,000	$48,350	$51,650	$55,000
80%	$46,700	$53,350	$60,000	$66,650	$72,000	$77,350	$82,650	$88,000

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 Lubbock but actual income limits may differ for units at Southstead Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$29,200	$33,350	$37,500	$41,650	$45,000	$48,350	$51,650	$55,000
Low Income (60%)	$35,040	$40,020	$45,000	$49,980	$54,000	$58,020	$61,980	$66,000

Southstead Apartments Details

244 studio, one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Business Center
Clubhouse
On-Site Manager
24hr Emergency Maintenance
Off-Street Parking
Grilling Area
Laundry Centers
Online Payments Accepted
Swimming pool

Unit Amenities

Ceiling Fan(s)
Washer and Dryer Hookup
Cable Ready
Balconies or Patios Available
Fully Equipped Kitchen
Large Closets

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

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.