Pine Lake Estates is managed by Arnold Grounds.
Pine Lake Estates is nestled in a cozy Texas residential area, enclosed by large trees and gorgeous scenery. Located about a mile from the Nacogdoches Senior Center and with stunning parks and gardens nearby, there's always beauty and fun to experience. You're sure to find some new favorites with a great variety of local restaurants and shopping centers just minutes away. Their close proximity to Highway 59 allows for quick access to everything you need in Nacogdoches, TX.
These roomy one bedroom apartment homes for rent have been crafted with your comfort in mind. Their efficiently designed floor plan features an individually controlled HVAC system and a fully-equipped kitchen, including a dishwasher, microwave, and refrigerator. Come experience Pine Lake Estates for the best choice in affordable senior living in Nacogdoches!
For all those 62 years young and better, Pine Lake Estates is the ideal community. Their serene setting and quality amenities allow for perfect peace and contentment. Enjoy time with friends and neighbors at their clubhouse or barbecue picnic area. A resident laundry facility is provided for your convenience, and Section 8 and Section 42 applicants are welcome! So give us a call! They'd love to give you a tour of your new home at Pine Lake Estates in Nacogdoches, Texas today!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 630 | Call for Price |
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 Pine Lake Estates.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $15,300 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,150 | $48,050 |
50% | $25,500 | $29,150 | $32,800 | $36,400 | $39,350 | $42,250 | $45,150 | $48,050 |
80% | $40,800 | $46,600 | $52,450 | $58,250 | $62,950 | $67,600 | $72,250 | $76,900 |
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 Pine Lake Estates.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $25,500 | $29,150 | $32,800 | $36,400 | $39,350 | $42,250 | $45,150 | $48,050 |
Low Income (60%) | $30,600 | $34,980 | $39,360 | $43,680 | $47,220 | $50,700 | $54,180 | $57,660 |
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.
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.
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.