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Tatum Square Apartments

360 W Sterling Price St, Tatum, Texas 75691

Tatum Square Apartments are an affordable option for seniors aged 62+ offering 1-bedroom units. This community offers many amenities including a community room with kitchen, emergency maintenance, and energy saving features.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - $508

Eligibility for Tatum Square Apartments

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 Tatum but actual income limits may differ for units at Tatum Square Apartments.

AMI Band 1 Person 2 Person
30% $15,200 $19,720
50% $25,250 $28,850
80% $40,400 $46,150

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 Tatum but actual income limits may differ for units at Tatum Square Apartments.

AMI Band 1 Person 2 Person
Very Low Income (50%) $25,250 $28,850
Low Income (60%) $30,300 $34,620

Tatum Square Apartments Details

  • 24 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Community Room
  • 24hr Emergency Maintenance
  • Garage
  • Emergency Pull Cord
  • Energy Star Appliances
  • Energy Efficient Design
  • Smoke Free
  • Community Kitchen

Unit Amenities

  • Washer and Dryer Hookup
  • Refrigerator
  • Extra Storage
  • Bathroom Grab Bars
  • Central Heat & Air
  • Stove
  • Cable & Internet Ready
  • Mini Blinds & Curtain Rods
  • Private Patios

Office Hours

Day Hours
Monday By Appointment
Tuesday 8:00am-3:30pm
Wednesday 8:00am-3:30pm
Thursday By Appointment
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 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.

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.