Ridgewood at Panther Creek is managed by Related Companies.
Ridgewood at Panther Creek Apartments offers 1- and 2-bedroom apartments that feature Section 8 housing and a wide range of amenities that will make you proud to call this close-knit community home. Seniors that are 62 years young and greater are eligible to live at Ridgewood at Panther Creek, and with floor plans of 564-square feet for 1-bedroom and 727-square feet for 2-bedroom.
Keeping busy is the key to staying healthy both mentally and physically, and there are many amenities that will keep your mind and body occupied. For those that love to surf the internet or stay in touch with family members through social media, there is a fully equipped computer lab. There is also a community library if you love getting lost in a story or prefer learning about new topics the old fashioned way. Planned activities are another part of the Ridgewood at Panther Creek lifestyle that will allow you to meet your neighbors and keep your mind and body busy, and there is always a Resident Services Coordinator available if you have any questions that need answering.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 564 | Call for Price |
Two Bedroom (2/1) | 727 | Call for Price |
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 The Woodlands but actual income limits may differ for units at Ridgewood at Panther Creek.
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 The Woodlands but actual income limits may differ for units at Ridgewood at Panther Creek.
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 |
Day | Hours |
---|---|
Monday | 9:00am-6:00pm |
Tuesday | 9:00am-6:00pm |
Wednesday | 9:00am-6:00pm |
Thursday | 9:00am-6:00pm |
Friday | 9:00am-6:00pm |
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.
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.