Magnolia Senior Living is managed by Asset Living Property Management.
Welcome to Magnolia Living: an exceptional 62+ active living community where every detail is designed to enhance your lifestyle. This community believes in providing residents with a comfortable, convenient, and luxurious living experience, and the wide range of amenities reflects that commitment. Stay active and maintain your wellness in the state-of-the-art fitness center, where you can enjoy a variety of exercise options to suit your needs. Take a refreshing dip in the beautiful swimming pool or relax and rejuvenate. The choice is yours. The clubhouse serves as a vibrant hub for socializing with friends and neighbors. Connect over shared interests, attend community events, or simply relax in the inviting atmosphere. Discover the joy of living in a community that values your comfort, convenience, and happiness. Make Magnolia Living your new home, and embrace a vibrant and fulfilling chapter of your life.
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 Odessa but actual income limits may differ for units at Magnolia Senior Living.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $27,450 | $31,400 | $35,300 | $39,200 |
Low Income (60%) | $32,940 | $37,680 | $42,360 | $47,040 |
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 |
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.