About This Property
Villas of Giddings offers 35 affordable rental units in Giddings, Texas, including 28 three-bedroom and 8 four-bedroom apartments. This property was placed in service in 2013 and is funded through HOME program resources with 9% Low-Income Housing Tax Credit financing. The community serves low-income households in Lee County.
Property Details
Fair Market Rent - Lee 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 | $935 |
| 1 Bedroom | $1,002 |
| 2 Bedroom | $1,201 |
| 3 Bedroom | $1,452 |
| 4 Bedroom | $1,599 |
Income Limits - Lee County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,350
- Low (80%)
- $37,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,050
- Low (80%)
- $48,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,350
- Low (80%)
- $53,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,050
- Low (80%)
- $57,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $44,050
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,350 | $37,350 |
| 2 Persons | $17,420 | $26,700 | $42,700 |
| 3 Persons | $21,960 | $30,050 | $48,050 |
| 4 Persons | $26,500 | $33,350 | $53,350 |
| 5 Persons | $31,040 | $36,050 | $57,650 |
| 6 Persons | $35,580 | $38,700 | $61,900 |
| 7 Persons | $40,120 | $41,400 | $66,200 |
| 8 Persons | $44,050 | $44,050 | $70,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Giddings, TX?+
The Fair Market Rent (FMR) for Lee County, TX is: $935 (Studio), $1002 (1BR), $1201 (2BR), $1452 (3BR), $1599 (4BR). Actual rent at subsidized properties like Villas of Giddings is typically 30% of household income or less.
What size apartments are available at Villas of Giddings?+
Villas of Giddings offers the following unit types: 28 Three-Bedroom, 8 Four-Bedroom units, for a total of 35 units.
How do I apply for housing at Villas of Giddings?+
Villas of Giddings 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 Lee County, TX?+
For a 4-person household in Lee County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,350, Low Income (80% AMI): $53,350. These limits are set by HUD and updated annually.
What is the price range for apartments in Giddings, TX?+
Based on Fair Market Rent for Lee County, the estimated price range is: 3-bedroom: $1452. Actual rent at Villas of Giddings may be lower for income-eligible households.
Who manages Villas of Giddings?+
Villas of Giddings is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.