AffordableHousingOnline

Teague Seniors

740 Hwy 84, Teague, Texas 75860

Teague Seniors is an upcoming affordable apartment community offering 1- and 2-bedroom units for residents aged 55+. Each unit has central heat and air along with washer and dryer connections.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 1000 From $650
Two Bedroom (2/1) 1150 From $795

This property is currently under construction.

Eligibility for Teague Seniors

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 Teague but actual income limits may differ for units at Teague Seniors.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $25,600 $29,250 $32,900 $36,550
Low Income (60%) $30,720 $35,100 $39,480 $43,860

Teague Seniors Details

  • 32 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Unit Amenities

  • Washer and Dryer Hookup
  • Water Trash and Sewer Included
  • Central Heat & Air
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.