Spring Valley Townhomes LIHTC Austin, TX

Profile last updated · Data vintage: HUD LIHTC 2024

Spring Valley Townhomes is a Low-Income Housing Tax Credit (LIHTC) community in Austin, TX with 230 units. Rents are set relative to household income.

230
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address2402 E William Cannon Dr, Austin, TX Map →
Tax-credit (LI) units173
Placed in service2002

How to apply at Spring Valley Townhomes

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 2402 E William Cannon Dr, Austin; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Austin

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Frequently asked questions

What kind of subsidy does Spring Valley Townhomes have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Spring Valley Townhomes?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Spring Valley Townhomes?
Contact the management office at 2402 E William Cannon Dr in Austin. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.