Attainable Apartment Living in Del Valle
We are So Excited you Have Decided to Join our Community!
At Cypress Creek at Stoney Ridge, we believe everyone deserves a beautiful place to call home. Our community offers a mix of market-rate and income-qualified apartment homes featuring the same modern finishes, amenities, and professional management. If you qualify, you may be eligible for reduced rental rates while enjoying the same exceptional living experience as every resident.
Committed to Serving Our Community
Are you an essential worker looking for affordable housing in Travis County? Allow Cypress Creek at Stoney Ridge to be your next home!
We are an Equal Housing Opportunity provider and seek to process all applicants in a fair and consistent manner. Anchored in a culture committed to serving, Cypress Creek at Stoney Ridge participates in an income-restricted program designed to reduce the barrier to quality affordable housing.
Household income is based on GROSS annual income, before deductions, earned from all sources. This community has a minimum income requirement of at least two and a half (2.5) times the monthly rent.
Income Includes:
- Employment income
- Self-employment income
- Social Security, pensions, SSI, or disability income
- Unemployment compensation
- Alimony or child support
- Recurring contributions and gifts
- Income from assets - interest, stocks, bonds, real estate, etc.
Are you a qualified applicant? Keep reading to find out!
Income-Based rentals will be available to households that meet the requirements outlined below. Applicant’s gross annual income may not exceed the following limits:
| Number of Tenants | Initial 60% HTC/BOND | Initial 120% BOND |
|---|---|---|
| 1 | $56,460 | $112,920 |
| 2 | $64,560 | $129,120 |
| 3 | $72,600 | $145,200 |
| 4 | $80,640 | $161,280 |
| 5 | $87,120 | $174,240 |
| 6 | $93,600 | $187,200 |
| 7 | $100,020 | $200,040 |
| 8 | $106,500 | $213,000 |
*Income limits are based on the most current maximum income qualifications per apartment and are subject to change upon AMI updates.