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Affordable Housing Option in Athens, AL Supported by Low-Income Housing Tax Credit Overview - Montclair Athens is a low-income housing tax credit apartment complex located in Athens, AL. - These rental apartments offer an affordable housing option for individuals seeking financial assistance. - The LIHTC program ensures that the rent and income restrictions are applicable to eligible candidates. Benefits of LIHTC - The LIHTC program provides incentives for builders and developers to create affordable housing solutions for low-income individuals. - The maximum rent charged at Montclair Athens is determined based on the Area Median Income (AMI). - However, the AMI factor might make this apartment unaffordable for some low-income individuals. Affordability Check - It is essential to check the current rental rates to evaluate if Montclair Athens is within your means. - While considering affordability, keep in mind that this apartment complex offers 72 low-income apartments. - Due to the high demand for affordable housing, waiting lists are common in most apartments. Application Process - For information about applying and qualifying for residency at Montclair Athens, please contact them directly using the provided phone number. - Note that all adults intending to live in this apartment must include and verify their income during the application process. - Call for more details and gather comprehensive information regarding the application process. TIP: Understanding Low Income Tax Credit (LIHTC) Units for Rent
17984 Arrowhead Cir, Athens, AL 35611
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