About This Property
Emerald Retirement Village comprises 32 low-income units in Hillsboro, Texas, with a unit mix of twenty-eight one-bedroom and four two-bedroom apartments. The property has been in service since 1988 and serves residents in Hill County. Interested parties may contact the property management for additional information and availability.
Property Details
Fair Market Rent - Hill 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 | $680 |
| 1 Bedroom | $789 |
| 2 Bedroom | $1,003 |
| 3 Bedroom | $1,313 |
| 4 Bedroom | $1,595 |
Income Limits - Hill County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,100
- Very Low (50%)
- $21,850
- Low (80%)
- $34,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,000
- Low (80%)
- $39,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,100
- Low (80%)
- $44,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,200
- Low (80%)
- $49,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $38,700
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $41,200
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,100 | $21,850 | $34,950 |
| 2 Persons | $17,420 | $25,000 | $39,950 |
| 3 Persons | $21,960 | $28,100 | $44,950 |
| 4 Persons | $26,500 | $31,200 | $49,900 |
| 5 Persons | $31,040 | $33,700 | $53,900 |
| 6 Persons | $35,580 | $36,200 | $57,900 |
| 7 Persons | $38,700 | $38,700 | $61,900 |
| 8 Persons | $41,200 | $41,200 | $65,900 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hillsboro, TX?+
The Fair Market Rent (FMR) for Hill County, TX is: $680 (Studio), $789 (1BR), $1003 (2BR), $1313 (3BR), $1595 (4BR). Actual rent at subsidized properties like Emerald Retirement Village is typically 30% of household income or less.
What size apartments are available at Emerald Retirement Village?+
Emerald Retirement Village offers the following unit types: 28 One-Bedroom, 4 Two-Bedroom units, for a total of 32 units.
Who manages Emerald Retirement Village?+
Emerald Retirement Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Emerald Retirement Village?+
Emerald Retirement Village 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.
What are the income limits for affordable housing in Hill County, TX?+
For a 4-person household in Hill County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,200, Low Income (80% AMI): $49,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Hillsboro, TX?+
Based on Fair Market Rent for Hill County, the estimated price range is: 1-bedroom: $789, 2-bedroom: $1003. Actual rent at Emerald Retirement Village may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.