Colonial Terrace Apartments

165 S 4th St, Princeton, Texas 75407

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	455	Income Based
Two Bedroom (2/1)	544	Income Based

Waiting List is Open Now

Colonial Terrace Apartments waiting list is currently open til further notice.

Last updated on June 30th, 2021

Eligibility for Colonial Terrace 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 Princeton but actual income limits may differ for units at Colonial Terrace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$36,100	$41,250	$46,400	$51,550

Colonial Terrace Apartments Details

40 one and two bedroom units.
Water and Sewer utilities included in rent
Section 521 USDA Rental Assistance
Section 515 Rural Rental Housing

Property Amenities

Playground
Laundry Room

Office Hours

Day	Hours
Wednesday	8:00am-4:00pm
Friday	8:00am-12:00pm

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.

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.

Images of Colonial Terrace Apartments

Nearby Low Income Apartment Communities like Colonial Terrace Apartments

Cypress Creek at Hazelwood Street

899 East Hazelwood Street

Princeton, Texas

Rent Assisted

LIHTC

USDA S. 538

$1,107-2,290

1-4 BR

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