About This Property
Timber Ridge Apartments is a 44-unit affordable housing community in Chandler, TX that has been in service since 2017. The property includes 36 one-bedroom and 8 two-bedroom units designated for low-income households and is financed through HOME funding with 9% LIHTC credits. Property management information is available upon request.
Property Details
Fair Market Rent - Henderson 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 | $781 |
| 1 Bedroom | $808 |
| 2 Bedroom | $1,016 |
| 3 Bedroom | $1,346 |
| 4 Bedroom | $1,491 |
Income Limits - Henderson County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,350
- Low (80%)
- $34,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,400
- Low (80%)
- $39,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,450
- Low (80%)
- $43,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,900
- Low (80%)
- $52,600
- Extremely Low (30%)
- $35,350
- Very Low (50%)
- $35,350
- Low (80%)
- $56,500
- Extremely Low (30%)
- $37,800
- Very Low (50%)
- $37,800
- Low (80%)
- $60,400
- Extremely Low (30%)
- $40,200
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,350 | $34,100 |
| 2 Persons | $17,420 | $24,400 | $39,000 |
| 3 Persons | $21,960 | $27,450 | $43,850 |
| 4 Persons | $26,500 | $30,450 | $48,700 |
| 5 Persons | $31,040 | $32,900 | $52,600 |
| 6 Persons | $35,350 | $35,350 | $56,500 |
| 7 Persons | $37,800 | $37,800 | $60,400 |
| 8 Persons | $40,200 | $40,200 | $64,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chandler, TX?+
The Fair Market Rent (FMR) for Henderson County, TX is: $781 (Studio), $808 (1BR), $1016 (2BR), $1346 (3BR), $1491 (4BR). Actual rent at subsidized properties like Timber Ridge Apartments is typically 30% of household income or less.
What size apartments are available at Timber Ridge Apartments?+
Timber Ridge Apartments offers the following unit types: 36 One-Bedroom, 8 Two-Bedroom units, for a total of 44 units.
How do I apply for housing at Timber Ridge Apartments?+
Timber Ridge Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Who manages Timber Ridge Apartments?+
Timber Ridge Apartments is managed by . You can reach them at .
What are the income limits for affordable housing in Henderson County, TX?+
For a 4-person household in Henderson County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,450, Low Income (80% AMI): $48,700. These limits are set by HUD and updated annually.
What is the price range for apartments in Chandler, TX?+
Based on Fair Market Rent for Henderson County, the estimated price range is: 1-bedroom: $808, 2-bedroom: $1016. Actual rent at Timber Ridge Apartments may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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