Cascade Villas
4822 Fairway Boulevard, Wichita Falls, TX 76310
- Apartments
- 60
- Income-restricted
- 46
- Placed in service
- n/a
Texas
Tax credit apartments in Wichita Falls, TX
HUD's database lists 13 properties in Wichita Falls built or rehabbed with low-income housing tax credits: 942 apartments, 746 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.
Equal housing opportunity. 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 Listings come from HUD's database and may be out of date.
Green Briar Village
603 Airport Dr, Wichita Falls, TX
- Apartments
- 75
- Income-restricted
- n/a
- Placed in service
- n/a
Green Briar Village Phase II
901 Airport Dr, Wichita Falls, TX 76305
- Apartments
- 36
- Income-restricted
- 36
- Placed in service
- 2012
Parkstone Senior Village
1727 Rathgeber Rd, Wichita Falls, TX 76310
- Apartments
- 140
- Income-restricted
- 140
- Placed in service
- 2002
Parkstone Senior Village Phase II
1727 Rathgeber Road, Wichita Falls, TX 76310
44 1BR, 20 2BR
- Apartments
- 64
- Income-restricted
- 64
- Placed in service
- 2013
Reserves At Maplewood
3200 Maplewood Ave, Wichita Falls, TX
- Apartments
- 36
- Income-restricted
- 24
- Placed in service
- 2015
Reserves At Maplewood II
S Side Of Maplewood Ave, E Of Mcniel Ave, Wichita Falls, TX 76308
HUD lists it as senior housing
- Apartments
- 36
- Income-restricted
- 36
- Placed in service
- 2020
Reserves At Summit West
4558 Barnett Rd., Wichita Falls, TX 76310
- Apartments
- 36
- Income-restricted
- 36
- Placed in service
- 2017
Royal Gardens
4606 Johnson Road, Wichita Falls, TX 76310
- Apartments
- 49
- Income-restricted
- 58
- Placed in service
- 2016
Tealwood Place Apts
5300 Professional Dr, Wichita Falls, TX 76302
36 1BR, 84 2BR, 60 3BR
- Apartments
- 180
- Income-restricted
- 180
- Placed in service
- 1996
The Residence At Lamar
1100 Lamar St, Wichita Falls, TX 76301
HUD lists it as senior housing
- Apartments
- 30
- Income-restricted
- 28
- Placed in service
- n/a
Washington Village Apts
1001 Redwood Ave, Wichita Falls, TX 76301
- Apartments
- 96
- Income-restricted
- n/a
- Placed in service
- 2008
Woodview Apts
1601 32nd St, Wichita Falls, TX 76302
- Apartments
- 104
- Income-restricted
- 98
- Placed in service
- 2004
Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.
How tax credit apartments work
Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.
To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.
You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.