Taft Terrace

425 FM 631, Taft, Texas 78390

Contact Taft Terrace

Taft Terrace Apartments is located in the heart of beautiful Taft, TX, right next door to another beautiful property, Cottonwood Apartments. Rents are based on income. Water included. A barrier-free and rental subsidy waiting list is available. Section 8 vouchers welcome!

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price
One Bedroom (1/1)	-	From $615
Two Bedroom (2/1)	-	From $622

Eligibility for Taft Terrace

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 Taft but actual income limits may differ for units at Taft Terrace.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$27,100	$31,000	$34,850	$38,700
Low Income (60%)	$32,520	$37,200	$41,820	$46,440

Taft Terrace Details

72 studio, one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance
Section 515 Rural Rental Housing

Property Amenities

On-Site Manager
On-Site Maintenance
Laundry Facilities

Unit Amenities

Air Conditioning
Refrigerator
Extra Storage

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-3:00pm
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.

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.