Mt Pleasant Seniors Apartments

602 School St, Mount Pleasant, Texas 75455

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Message Mt Pleasant Seniors Apartments

Mt Pleasant Seniors Apartments is managed by Hamilton Properties Corporation.

Mt. Pleasant Senior is an affordable apartment community offering 1- and 2-bedroom units and offers you a wonderful and peaceful lifestyle with easy access to shopping, restaurants, and your other personal needs.

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

Eligibility for Mt Pleasant Seniors Apartments

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 Mount Pleasant but actual income limits may differ for units at Mt Pleasant Seniors Apartments.

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

Mt Pleasant Seniors Apartments Details

  • 28 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Community Room
  • Laundry Room
  • Wheel Chair Accessible

Unit Amenities

  • Washer and Dryer Hookup
  • Storage
  • Refrigerator
  • Balconies or Patios Available
  • Central Heat & Air
  • Stove

Nearby Amenities

  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools
  • Near Movie Theatre
  • Near Restaurants
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 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

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Image of Mt Pleasant Seniors Apartments