Pinecrest Apartments Altoona

About This Building

Pinecrest Apartments in Altoona, AL: Affordable Housing Option for Low-Income Individuals Overview: - Located in Altoona, AL, Pinecrest Apartments is a Low-Income Housing Tax Credit (LIHTC) apartment complex. - Supported by LIHTC, these rental apartments offer affordable housing options for individuals with income restrictions. LIHTC Incentives: - The LIHTC program provides incentives to builders and developers, encouraging them to offer affordable housing to low-income individuals. - The maximum rent charged at Pinecrest Apartments is based on the Area Median Income (AMI). Affordability Considerations: - It is important to note that the AMI-based rent may still be unaffordable for low-income individuals. - To determine affordability, it is recommended to check the current rental rates. Number of Apartments: - Pinecrest Apartments offers a total of 32 low-income apartments. - Due to high demand, waiting lists for these apartments are common. Application Process: - We provide the contact information for Pinecrest Apartments, allowing you to directly inquire about eligibility and apply for residency. - Remember to include and verify the income of all adult applicants at the time of application. Further Information: - For more details and specific inquiries, please contact Pinecrest Apartments directly. - Keep in mind that being aware of LIHTC (Low-Income Tax Credit) units for rent can help you navigate the application process and meet eligibility requirements.