Copperwood I

4407 S Panther Creek Dr, Spring, Texas 77381

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Copperwood I is managed by Related Companies.

The Copperwood Apartments waiting list is closed, effective July 1, 2015.

Copperwood is a pet-friendly, senior community for adults 55 or those who are handicapped/disabled. Residents have access to complimentary bus service on Tuesdays and Thursdays. The Residents' Association provides a full social calendar with activities planned every day of the week. Our spacious 1 and 2-bedroom apartments boast balconies/patios, microwaves, dishwashers, refrigerators, stoves, disposals, and ceiling fans. Water, trash, gas, and sewer utilities are included. We are conveniently located near grocery stores, pharmacies, and shopping. Please call the site manager for more information.TTY # (800) 735-2989

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 546 $683
Two Bedroom (2/1) 727 $773

Eligibility for Copperwood I

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 Spring but actual income limits may differ for units at Copperwood I.

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 Spring but actual income limits may differ for units at Copperwood I.

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

Copperwood I Details

  • 150 one and two bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Laundry Room
  • Covered Parking

Unit Amenities

  • Garbage Disposal
  • Microwave
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Shopping
  • Near Hospital
Section 8 Project-Based Rental Assistance (PBRA)

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.

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.

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