Waterford Apartments

2346 Pettit Parkway, Whitewright, Texas 75491
Waiting List is Open Now

Waterford Apartments waiting list is currently open til further notice.

Last updated on June 30th, 2021

Eligibility for Waterford Apartments

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 Whitewright but actual income limits may differ for units at Waterford Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,450 $31,400 $35,300 $39,200 $42,350 $45,500 $48,650 $51,750
Low Income (60%) $32,940 $37,680 $42,360 $47,040 $50,820 $54,600 $58,380 $62,100

Waterford Apartments Details

  • 40 bedroom units.
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance
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.

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.

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