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Affordable Housing Option in Eufaula, AL: Lakeridge Apartments Overview: - Located in Eufaula, AL, Lakeridge Apartments offer low-income housing options supported by the LIHTC (Low-Income Housing Tax Credit) program. - These rental apartments have specific rent and income restrictions as per the applicable program guidelines. - The LIHTC program encourages builders and developers to provide affordable housing options for low-income individuals. Rent Affordability: - The maximum rent charged at Lakeridge Apartments is determined based on the Area Median Income (AMI). - Due to the AMI criteria, the affordability of this apartment complex may vary for low-income individuals. - To determine if the rent is affordable for you, please check the current rental rates. Number of Units: - Lakeridge Apartments consist of 30 apartments specifically designed for low-income individuals. Office Hours: - The office is open for inquiries and assistance from Monday to Friday, 8 am to 5 pm. Waiting List: - Please note that many apartments are currently experiencing waiting lists, including Lakeridge Apartments. - Contact the provided number directly to inquire about applying and the qualification process. Considerations for Application: - All expected adult residents' income must be included and verified during the application process. - For more information and detailed eligibility criteria, kindly reach out to the management. Know About LIHTC (Low Income Tax Credit): - Familiarize yourself with the LIHTC program, which provides tax credits to developers and builders offering affordable housing options. - LIHTC units are specifically allocated for low-income individuals seeking rental opportunities. To learn more: - For further details and inquiries, please call the provided contact number.
110 Old Dale Rd, Eufaula, AL 36027
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