Main Street Commons

3700 N Main St, Taylor, Texas 76574

Contact Main Street Commons

Main Street Commons Apartments offer 1-bedroom and 2-bedroom apartment homes for adults 55 and better. Each unit features Energy Star appliances, air conditioning, in-unit washer/dryer, and private patio or balcony. Property amenities include a business center, theater room, fitness center, elevator, swimming pool, and 24-hour emergency maintenance service. The community is conveniently located near Highway 79 and Main Street.

Unit (Bd/Ba)	Ft²	Rent
Escape (1/1)	720	From $422 To $888
Retreat (2/2)	1085	From $471 To $1,207
Tranquility (2/1)	932	From $471 To $1,207

Eligibility for Main Street Commons

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 Taylor but actual income limits may differ for units at Main Street Commons.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$40,900	$46,750	$52,600	$58,400
Low Income (60%)	$49,080	$56,100	$63,120	$70,080

Main Street Commons Details

75 one and two bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Fitness Center
Business Center
Clubhouse
Library
Pool
24hr Emergency Maintenance

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Handicapped Accessible
Dishwasher
Garbage Disposal
Carpet
Patio Deck Or Balcony
Refrigerator
Blinds
Washer and Dryer Included

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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.