Spring, Texas · Montgomery County
Park at Woodland Springs
Park at Woodland Springs is a low-income housing tax credit (Section 42) property at 24011 Richards Rd, Spring, TX 77386 with 246 apartments. In 2026 a household of four qualifies for a 60% unit here with income up to $62,400, and a 60% two-bedroom can charge at most $1,404 a month in gross rent.
Equal housing opportunity. Fair Housing Act protections apply, and tax credit properties can't turn down a Housing Choice voucher. Report discrimination to HUD at 1‑800‑669‑9777. LIHTC Atlas doesn't own, manage or rent these apartments.
Full fair housing notice
Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1‑800‑669‑9777.
LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.
Property facts
- Address
- 24011 Richards Rd, Spring, TX 77386 (map)
- County
- Montgomery County
- Apartments
- 246
- Census tract (2020)
- 48339691900
- HUD project ID
- TXA00000439
Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024), as the state allocating agency reported it. HUD lists the property as still monitored for compliance. Contact the property's management for current rents, availability and income rules.
2026 income limits and rents in Montgomery County
To rent an income-restricted apartment here in 2026, a household's income has to be at or under the unit's limit: $43,680 for one person or $62,400 for four at 60% of area median, $36,400 or $52,000 at 50%. HUD's FY2026 median family income for the area (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area) is $104,000.
Income limits by household size, 2026
| Level | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI | $36,400 | $41,600 | $46,800 | $52,000 |
| 60% AMI | $43,680 | $49,920 | $56,160 | $62,400 |
Maximum gross monthly rent by unit size, 2026
| Level | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| 50% AMI | $910 | $975 | $1,170 | $1,352 | $1,508 |
| 60% AMI | $1,092 | $1,170 | $1,404 | $1,623 | $1,810 |
Source: HUD FY2026 MTSP income limits (files dated March 27, 2026). Rents are ceilings, gross of the utility allowance for tenant-paid utilities, computed by the IRS Publication 5913 method (30% of the limit for 1 person in a studio or 1.5 people per bedroom, over 12, rounded down); the rent the property charges can be lower. A project's limits can't fall below those of earlier years (IRC 142(d)(2)(E)), so a property already in service may use higher figures. All 2026 limits for Montgomery County, every level from 20% to 80%.
How long the units stay affordable
HUD's record has no placed-in-service year for this property, so its compliance dates can't be worked out here. The 15-year compliance period starts in the first year of the credit period, and for credits allocated after 1989 an extended use agreement keeps the units restricted for at least 30 years in all (IRC 42(i)(1), 42(h)(6)).
QCT and DDA status
Its 2020 census tract, 48339691900, is not a Qualified Census Tract on HUD's 2027 list. ZIP code 77386 matches a ZIP code area (ZCTA) HUD lists as a 2027 Small Difficult Development Area (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area).
The 2027 lists (HUD, Federal Register Doc. 2026-20390) govern allocations made after 2026, such as a resyndication; the property's original basis boost depended on the lists in force when it received credits. A ZIP code and its ZCTA usually match but not always. Check an exact address with the QCT and DDA lookup.
Other tax credit properties in Spring
- Mission Woods25469 Borough Park Dr ·
- Timber Mill1481 Sawdust Rd · 216 restricted units
- Louetta Village Apartments1601 Louetta Rd · 116 restricted units
- Spring Trace24505 Aldine Westfield Rd · 180 restricted units
- Timber Run Apartments3030 Hirschfield Rd · 144 restricted units
- Oakwood TrailsWimbledon Forest Dr. And Dover Mills Dr. · 203 restricted units
All 7 properties in Spring. Nearby cities: The Woodlands (6), Tomball (6), Humble (13), Conroe (10), Houston (242), Katy (7).
How tax credit apartments work
Rent in an income-restricted unit is capped by the unit's size, not set by your income, and you qualify if your household earns at or under the unit's limit, usually 50% or 60% of the area median. You can apply with a Housing Choice voucher. How to qualify, step by step.