Wells Manor Apartments

6 Wright-Patman Dr., Wells, Texas 75976

Contact Wells Manor Apartments

Wells Manor is an affordable apartment community offering 2- and 3-bedroom units. This community offers many amenities including high speed internet access, washer and dryer hookups, balconies or patios, and units that are wheelchair accessible and wired for cable.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	650	From $800 To $810
Three Bedroom (3/1)	822	From $900 To $910

Eligibility for Wells Manor 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 Wells but actual income limits may differ for units at Wells Manor Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$15,200	$19,720	$24,860	$30,000	$35,140	$40,280
50%	$25,250	$28,850	$32,450	$36,050	$38,950	$41,850
80%	$40,400	$46,150	$51,900	$57,650	$62,300	$66,900

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 Wells but actual income limits may differ for units at Wells Manor Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$25,250	$28,850	$32,450	$36,050	$38,950	$41,850
Low Income (60%)	$30,300	$34,620	$38,940	$43,260	$46,740	$50,220

Wells Manor Apartments Details

70 two and three bedroom units.
Section 515 Rural Rental Housing
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance

Property Amenities

Laundry Facilities
Smoke Free
High Speed Internet Access
Storage (in unit)
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Cable Ready
Utilities Included
Refrigerator
Oven and Range
Kitchen Pantry
Balconies or Patios Available
Heat and Air

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.

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.