Holly Park Estates Gadsden

About This Building

Affordable Housing Option in Holly Park Estates Gadsden, AL: Low-Income Tax Credit Apartments Overview: - Holly Park Estates Gadsden offers Low-Income Housing Tax Credit apartments in a prime location. - These rental apartments are designed to provide affordable housing options to low-income individuals. - The LIHTC program ensures that the rent and income restrictions are applicable to ensure affordability. Incentives for Affordable Housing: - Builders and developers are incentivized through LIHTC to create housing options for low-income persons. - The maximum rent charged is based on the Area Median Income (AMI) to maintain affordability. - However, please note that this apartment's rent may still be unaffordable for low-income individuals due to the AMI restrictions. - Check the current rental rates to determine if it fits within your budget. Housing Details: - There are a total of 40 low-income apartments available at Holly Park Estates. - As is common with most apartments, there might be waiting lists for availability. - To inquire about eligibility and the application process, contact them directly using the provided number. Key Considerations: - If you are interested in renting one of the LIHTC units, be aware that the income of all adults living in the apartment must be included and verified during the application process. - For more detailed information, please call and inquire about the specific requirements.