Meridian at Southgate
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Meridian at Southgate's governing documents say
This collection of recorded documents for the Meridian at Southgate community includes a management certificate for the homeowners association, a declaration restricting condominium conversion, and a 2024 regulatory agreement making a portion of the development an affordable rental community called Magnolia Ranch Apartments. The regulatory agreement is the main document affecting residents: it binds the owner/landlord to rent units to low-income households at restricted rents, so living here requires meeting income qualifications.
- Affordability: At least 260 units must be rented to households earning at or below 60% of the area median income (AMI), and at least 30 units to households earning at or below 30% of AMI. Rents are capped at 30% of the applicable income limit, calculated using a specific income calculator.
- Occupancy restrictions: Only households whose combined income meets the low-income limits can qualify as tenants. The owner must verify income through a Certification of Income and keep records available for inspection by the Housing Authority.
- Renter protections: The owner cannot evict or displace tenants to meet the affordable unit requirement, and must accept Section 8 vouchers. If area median income drops, rents are not reduced but cannot increase until it rises again.
- Term: The occupancy restrictions last until the general partner is no longer the general partner and the housing authority no longer owns the fee interest, likely for many years.
- What this document doesn't cover: This excerpt includes no typical HOA rules on pets, parking, or architectural standards; those would be in separate governing documents. The management certificate lists fees but does not specify amounts.
Key facts from Meridian at Southgate's documents
- Legal name
- Meridian Residential Association, Inc. (Management Certificate, item 2)
- Units / lots
- At least 260 units (60% AMI) and at least 30 units (30% AMI) are required; total project size not specified (Regulatory Agreement, Exhibit C)
- Developer / declarant
- CRP/SCP McKinney Owner, L.P., a Delaware limited partnership (Declaration of Restrictive Covenants, si)
- Governing law
- Texas Property Code Section 209.004, Texas Residential Property Owners Protection Act (Management Certificate, preamble)
- Amendments
- The Regulatory Agreement may be amended only by a written instrument signed by MHA and the Owner. (Regulatory Agreement, Section 5)
Community amenities
≈ 178 homes
About this HOA
Meridian at Southgate is a homeowners association in McKinney, TX.
HOAproxy has 3 documents on file for Meridian at Southgate: 3 recorded documents. Last updated 2026-08-04.