Silver Spur Apartments is managed by TEJAS Housing Group.
Silver Spur offers a variety of 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartment homes with each unit featuring energy efficient appliances. Community amenities include a pool, fitness center, and fully furnished clubhouse. Coveniently located just south of Highway 83, residents are never far from all the Rio Grande Valley has to offer including restaurants, shopping, and employment centers.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/2) | - | Call for Price |
Four Bedroom (4/2) | - | 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 Palmview but actual income limits may differ for units at Silver Spur Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $15,200 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $44,750 | $47,600 |
50% | $25,250 | $28,850 | $32,450 | $36,050 | $38,950 | $41,850 | $44,750 | $47,600 |
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 Palmview but actual income limits may differ for units at Silver Spur Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $25,250 | $28,850 | $32,450 | $36,050 | $38,950 | $41,850 | $44,750 | $47,600 |
Low Income (60%) | $30,300 | $34,620 | $38,940 | $43,260 | $46,740 | $50,220 | $53,700 | $57,120 |
Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.
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.