Villas of Sherman

1212 W Center St, Sherman, Texas 75092

Contact Villas of Sherman

Villas of Sherman is a community where comfort, convenience await you in a beautifully designed community exclusively for independent seniors 62 years and better. Each residence in the unique 124-unit, single-story community is built to provide spacious comfort and sense of individuality. Careful attention has been given to the design of each building to meet the needs of independent active seniors. Our friendly and knowledgeable staff is here to help make your stay an enriching and comfortable experience. Villas of Sherman is a community that seniors call home.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	648	Call for Price
Two Bedroom (2/1)	852	Call for Price

Villas of Sherman is accepting applications and does not have a waiting list.

Last updated on March 5th, 2018

Eligibility for Villas of Sherman

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 Sherman but actual income limits may differ for units at Villas of Sherman.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$28,850	$33,000	$37,100	$41,200
Low Income (60%)	$34,620	$39,600	$44,520	$49,440

Villas of Sherman Details

124 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Pool
Covered Parking
Gated Community
24 Hour Maintenance

Unit Amenities

Handicapped Accessible
Full-Size Washer & Dryer Connections

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm

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.