About This Property
Newsome Homes provides 180 low-income units in McKinney, TX, with a mix of 141 one-bedroom and 39 two-bedroom apartments. The property has served families, elderly residents, disabled individuals, and formerly homeless persons since 2016 through 4% Low-Income Housing Tax Credit financing. The community is professionally managed to support residents across a range of housing needs.
Waitlist Information
Waitlist managed by Housing Authority of Mckinney
The website states that for Public Housing, applicants should contact each property for availability. It also mentions that an HA may close its waiting list when there are more families on the list than can be assisted in the near future.
The Section 8 (HCV) waitlist was last open for one day in October 2018. Preferences included homeless, displaced by government action, and non-elderly disabled individuals; 250 applicants were placed on the waiting list by date and time of application, by order of preferences.
Waitlist data provided by section8waitlist.org
Updated September 5, 2026
Property Details
Fair Market Rent - Collin 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 | $1,426 |
| 1 Bedroom | $1,500 |
| 2 Bedroom | $1,758 |
| 3 Bedroom | $2,212 |
| 4 Bedroom | $2,847 |
Income Limits - Collin County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,700
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $21,400
- Very Low (50%)
- $35,600
- Low (80%)
- $57,000
- Extremely Low (30%)
- $24,050
- Very Low (50%)
- $40,050
- Low (80%)
- $64,100
- Extremely Low (30%)
- $26,700
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,100
- Low (80%)
- $76,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,650
- Low (80%)
- $82,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,200
- Low (80%)
- $88,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,750
- Low (80%)
- $94,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,700 | $31,150 | $49,850 |
| 2 Persons | $21,400 | $35,600 | $57,000 |
| 3 Persons | $24,050 | $40,050 | $64,100 |
| 4 Persons | $26,700 | $44,500 | $71,200 |
| 5 Persons | $31,040 | $48,100 | $76,900 |
| 6 Persons | $35,580 | $51,650 | $82,600 |
| 7 Persons | $40,120 | $55,200 | $88,300 |
| 8 Persons | $44,660 | $58,750 | $94,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in McKinney, TX?+
The Fair Market Rent (FMR) for Collin County, TX is: $1426 (Studio), $1500 (1BR), $1758 (2BR), $2212 (3BR), $2847 (4BR). Actual rent at subsidized properties like Newsome Homes is typically 30% of household income or less.
What size apartments are available at Newsome Homes?+
Newsome Homes offers the following unit types: 141 One-Bedroom, 39 Two-Bedroom units, for a total of 180 units.
What are the income limits for affordable housing in Collin County, TX?+
For a 4-person household in Collin County, TX, the income limits are: Extremely Low Income (30% AMI): $26,700, Very Low Income (50% AMI): $44,500, Low Income (80% AMI): $71,200. These limits are set by HUD and updated annually.
Who manages Newsome Homes?+
Newsome Homes is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in McKinney, TX?+
Based on Fair Market Rent for Collin County, the estimated price range is: 1-bedroom: $1500, 2-bedroom: $1758. Actual rent at Newsome Homes may be lower for income-eligible households.
How do I apply for housing at Newsome Homes?+
Newsome Homes 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.
Is there a waitlist for Newsome Homes?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who is eligible to live at Newsome Homes?+
Newsome Homes primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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