Newsome Homes

1450 Amscott Street, Mckinney, Texas 75069

Contact Newsome Homes

Do you want to live in comfort and at an affordable price? Look no further, Newsome Homes is just the right place for you in McKinney, Texas! Just minutes away is the historic McKinney downtown area with great shopping, local dining, and amazing entertainment. Heard National Science Museum and Wildlife Sanctuary are south of this community offering gorgeous trails, gardens and exhibits. Newsome Homes is the perfect location for 55 and better to live life to its fullest!

Beautiful 1- and 2-bedroom affordable apartment homes are offered. Imagine yourself in an open kitchen with all-electric black appliances, dark wood cabinets, and plenty of counter space to whip up home-cooked meals. Each home is designed with hardwood floors, plush carpets, spacious walk-in closets, and large bathrooms with dual vanities in select homes. Newsome Homes is carefully designed with you in mind.

Newsome Homes offers some of the best apartment amenities for you to appreciate. Senior living has never looked better. The state-of-the-art fitness center will help you stay active. Everyone can have fun in the clubhouse or stay connected in the business center. If you like to be outside there is a picnic area with barbecues and a gazebo just to relax and enjoy the day. Bring your furry friends, everyone is welcome!

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	657	Call for Price
Two Bedroom (2/1)	882	Call for Price

Eligibility for Newsome Homes

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 Mckinney but actual income limits may differ for units at Newsome Homes.

AMI Band	1 Person	2 Person	3 Person	4 Person
50%	$36,100	$41,250	$46,400	$51,550

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 Mckinney but actual income limits may differ for units at Newsome Homes.

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

Newsome Homes Details

180 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Rental Assistance Demonstration (RAD)

Property Amenities

Elevator
BBQ and Picnic Area
Business Center
Clubhouse
Landscaping
On-Site Maintenance
High Speed Internet Access
Utility Allowance
Laundry Facility

Unit Amenities

Ceiling Fan(s)
Handicapped Accessible
Dishwasher
Microwave
Cable Ready
Walk-in Closet(s)
Carpet
Refrigerator
Breakfast Bar
Kitchen Pantry
Balconies or Patios Available
Laundry Hookups
Central Heat & Air

Nearby Amenities

Close to Shopping
Near Highway or Interstate

Office Hours

Day	Hours
Monday	9:00am-6:00pm
Tuesday	9:00am-6:00pm
Wednesday	9:00am-6:00pm
Thursday	9:00am-6:00pm
Friday	9:00am-6:00pm

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.

Rental Assistance Demonstration (RAD)

Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.