Granada Terrace is managed by Mayfair Management Group.
Look no further for great apartment home living in Houston, Texas because you’ve found it at Granada Terrace. Just minutes from fantastic shopping, wonderful restaurants, and entertainment venues this community has a great location that is guaranteed to make your life comfortable and convenient. An exciting new lifestyle is waiting for you here in this beautiful community.
Granada Terrace offers spacious 1- and 2-bedroom floor plans that are sure to fit your needs. Spend time with family while cooking meals in your all-electric kitchen complete with dishwasher and pantry. Each unit comes with walk-in closet, breakfast bar, ceiling fan and is cable ready.
From the moment you arrive, you will feel like you have come home. Invite friends and family for a swim in the sparkling swimming pool. Relax while your children have fun playing on the playground. The homes at Granada Terrace have disability access, covered parking, and a laundry facility. Stop in today and see for yourself why Granada Terrace is the best-kept secret in Houston, Texas.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 600-705 | Call for Price |
Two Bedroom (2/1.5) | 807-819 | 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 South Houston but actual income limits may differ for units at Granada Terrace.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $19,600 | $22,400 | $25,200 | $30,000 |
50% | $32,650 | $37,300 | $41,950 | $46,600 |
80% | $52,200 | $59,650 | $67,100 | $74,550 |
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 South Houston but actual income limits may differ for units at Granada Terrace.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $32,650 | $37,300 | $41,950 | $46,600 |
Low Income (60%) | $39,180 | $44,760 | $50,340 | $55,920 |
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 |
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.
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.