About This Property
Terrace Pines is a 100-unit affordable housing community in College Station, Texas that has been serving residents since 2005. The property includes 80 low-income units and is designated to serve elderly residents. It was developed using 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Brazos County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $958 |
| 1 Bedroom | $1,015 |
| 2 Bedroom | $1,140 |
| 3 Bedroom | $1,606 |
| 4 Bedroom | $1,710 |
Income Limits - Brazos County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,100
- Low (80%)
- $38,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,550
- Low (80%)
- $44,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,000
- Low (80%)
- $49,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,400
- Low (80%)
- $55,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,100 | $38,550 |
| 2 Persons | $17,420 | $27,550 | $44,050 |
| 3 Persons | $21,960 | $31,000 | $49,550 |
| 4 Persons | $26,500 | $34,400 | $55,050 |
| 5 Persons | $31,040 | $37,200 | $59,500 |
| 6 Persons | $35,580 | $39,950 | $63,900 |
| 7 Persons | $40,120 | $42,700 | $68,300 |
| 8 Persons | $44,660 | $45,450 | $72,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in College Station, TX?+
The Fair Market Rent (FMR) for Brazos County, TX is: $958 (Studio), $1015 (1BR), $1140 (2BR), $1606 (3BR), $1710 (4BR). Actual rent at subsidized properties like Terrace Pines is typically 30% of household income or less.
What are the income limits for affordable housing in Brazos County, TX?+
For a 4-person household in Brazos County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,400, Low Income (80% AMI): $55,050. These limits are set by HUD and updated annually.
Who manages Terrace Pines?+
Terrace Pines is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Terrace Pines?+
Terrace Pines primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Terrace Pines?+
Terrace Pines is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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