Gardens of Mabank

120 Gardendale, Mabank, Texas 75147

Contact Gardens of Mabank

Minutes from Cedar Creek Reservoir sits an idyllic senior community in Mabank, TX serving those 55 and better. Gardens of Mabank provides a comfortable smoke-free community to enjoy your retirement years. Everything you need is just minutes away with dining and shopping options nearby. Your new home has a private front entrance, spacious floorplan, and an attached garage.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	679	From $468
Two Bedroom (2/2)	922	From $975 $1,080

Eligibility for Gardens of Mabank

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 Mabank but actual income limits may differ for units at Gardens of Mabank.

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

Gardens of Mabank Details

36 one and two bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Clubhouse
On-Site Manager
24hr Emergency Maintenance
Garage
Laundry Facilities
High Speed Internet Access
Dog Park

Unit Amenities

Ceiling Fan(s)
Washer and Dryer Hookup
Cable Ready
Private Entrance
Refrigerator
Faux Wood Floors

Office Hours

Day	Hours
Monday	8:30am-5:30pm
Tuesday	8:30am-5:30pm
Wednesday	8:30am-5:30pm
Thursday	8:30am-5:30pm
Friday	8:30am-5:30pm

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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.