Twenty-six three-bedroom, two-bath homes comprise the Heritage Heights (SCIP 1) Rental project assisted with Low Income Housing Tax Credits. Maximum rents are adjusted annually in accordance with LIHTC guidelines and tenants are recertified on each anniversary of the lease. At the present time for existing tenants, for renewals, no monthly rent may be below $650 per month, with each unit's rent set at 30 percent of the family gross monthly income or $650, whichever is greater, provided family cash assets do not exceed $5,000 and the total rent payment shall not exceed the LIHTC annually prescribed rents net of utility allowances. The minimum rental amount of $650 equals to a monthly income of approximately $2,167.

Tenants pay all of their utilities.

Tenants who originally qualified for the program may be eligible to continue to lease the unit even if the familiy size has dropped below three persons, provided they meet the LIHTC income limits, and otherwise meet all the program guidelines. Families whose income exceeds 60 percents of MFI may only remain in the units if their certified income is below 140 percent of MFI as prescribed by the LIHTC program.

Families whose total cash assets exceed the original cash asset limit of $5,000, if otherwise eligible to renew their lease, are not eligible to renew the lease at 30 percent of the monthly income, but must pay the LIHTC allowed Fair Market Rent, which is $1,109.

To be eligible to renew the lease, in addition to meeting all program guidelines, a tenant must be current on their rent or have made previous arrangements with management on any past due rents.

Families interested in entering this rental program must meet these guidelines:

1.) Must have a family of three of more personals who will occupy the rental unit.
2.) May not be a current homeowner.
3.) Must have commitment to becoming a long-term resident of the neighborhood.
4.) Have steady employment history with at least 12 months at the current place of employment.
5.) Must not have any outstanding judgments or past due accounts to the Federal Government, the State of Texas or the City of Austin.
6.) Must have satisfactory performance in meeting past financial obligations, especially rent. No more than three satisfied derogatory on credit report, none of which may be in the payment of housing.
7.) Must have no record of disturbances of neighbors, destruction of property or poor housekeeping habits at prior residences, which would adversely affect the health, safety or welfare of other residents in the neighborhood.
8.) Must have no history of criminal activity involving crimes of physical violence to person or property or othe criminal acts, which would adversely affect the health, safety or welfare of other residents in the neighborhood.

Rental Requirements

Credit History

Consent Release

TAA Lease

TAA Supplement

Please download, print and bring the completed forms to:

Austin Housing Authority
Attn.: Monica Tenorio
1124 S. IH-35
Austin, Texas 78704