Centerpointe Homes

3401 Diamond Blvd, Weslaco, Texas 78599

Contact Centerpointe Homes

This property contains a mix of units including subsidized public housing and affordable tax credit units.

Are you looking for an affordable apartment home in Weslaco, TX? Well, look no further because Centerpointe Homes is exactly what you have been searching for. Just around the corner from Highway 2 and the Mid-Valley Airport to make all of your traveling a breeze. Centerpointe is a gateway to the excitement the city has to offer with the variety of dining, entertainment, and shopping that is easily accessible.

Eligibility for Centerpointe Homes

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 Weslaco but actual income limits may differ for units at Centerpointe Homes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$15,200	$19,720	$24,860	$30,000	$35,140	$40,280	$44,750	$47,600
50%	$25,250	$28,850	$32,450	$36,050	$38,950	$41,850	$44,750	$47,600
80%	$40,400	$46,150	$51,900	$57,650	$62,300	$66,900	$71,500	$76,100

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 Weslaco but actual income limits may differ for units at Centerpointe Homes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$25,250	$28,850	$32,450	$36,050	$38,950	$41,850	$44,750	$47,600

Centerpointe Homes Details

50 bedroom units.
Public Housing
Low-Income Housing Tax Credit (LIHTC)

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

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.