Timber Trail Auburn

About This Building

Different Text: 1. Affordable Housing Option in Auburn, AL 2. Supporting Low-Income Individuals with Rent Assistance 3. Rent-Based on Income: An Overview of AMI 4. Exploring Availability and Application Process 5. LIHTC Units for Rent: Understanding the Program Affordable Housing Option in Auburn, AL Timber Trail Auburn offers a Low-Income Housing Tax Credit apartment in Auburn, AL. This rental apartment provides an affordable housing option for individuals seeking low-cost accommodation in the area. Supporting Low-Income Individuals with Rent Assistance Backed by the LIHTC program, these apartments have rent and income restrictions, making them accessible for low-income individuals. The program provides incentives for builders and developers to establish affordable housing opportunities for those who need them the most. Rent-Based on Income: An Overview of AMI The maximum rent charged at Timber Trail Auburn is determined by the Area Median Income (AMI). However, it is important to note that this may result in the rental apartments still being unaffordable to some low-income individuals, depending on their AMI. It is recommended to check the current rental rates to determine affordability. Exploring Availability and Application Process With 47 low-income apartments available, it is not uncommon for waiting lists to be in place. To inquire about availability and eligibility criteria, it is advised to contact the management directly at the provided phone number. LIHTC Units for Rent: Understanding the Program For those unfamiliar with the Low Income Housing Tax Credit (LIHTC) program, it is crucial to understand that income from every adult residing in the apartment must be included and verified during the application process. For further details and inquiries, feel free to call and obtain more information.