Northway Landing

5301 Northway Dr , Nacogdoches, Texas 75965

Contact Northway Landing

Northway Landing is a high-rise affordable apartment community for older adults age 62 and older. Northway Landing is located near downtown Nacogdoches, close to shopping, restaurants, churches and health services.

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

Eligibility for Northway Landing

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 Nacogdoches but actual income limits may differ for units at Northway Landing.

AMI Band	1 Person	2 Person
30%	$15,300	$19,720
50%	$25,500	$29,150
80%	$40,800	$46,600

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 Nacogdoches but actual income limits may differ for units at Northway Landing.

AMI Band	1 Person	2 Person
Very Low Income (50%)	$25,500	$29,150
Low Income (60%)	$30,600	$34,980

Northway Landing Details

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

Property Amenities

Community Room
Laundry Room
Gazebo
Resident Service Coordinator

Unit Amenities

Water Included

Nearby Amenities

Close to Shopping
Near Restaurants

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.

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.