Stonehurst Apartments Huntsville

About This Building

Affordable Housing Option in Stonehurst Apartments Huntsville, AL - Low-Income Housing Tax Credit Supported Rental Apartments - AMI-based Rent and Income Restrictions Apply The Stonehurst Apartments Huntsville offer a low-income housing option for those seeking affordable living arrangements. These rental apartments are supported by the LIHTC program, which provides incentives to builders and developers to create housing solutions for low-income individuals. Under the LIHTC program, the maximum rent charged is determined based on the Area Median Income (AMI). However, it is important to note that this AMI-based pricing may still render the apartment unaffordable for some low-income individuals. Therefore, it is advisable to check the current rental rates to determine affordability. This housing community consists of 80 low-income apartments; however, given the demand for affordable housing, waiting lists are quite common these days. To explore your eligibility and application process, we provide the direct contact number for Stonehurst Apartments Huntsville. Important Details: - Eligibility: All income from the adults expected to reside in the apartment must be included and verified during the application process. - Call for more details and specific income requirements. By understanding the availability of LIHTC units for rent, you can take advantage of these affordable housing opportunities in Stonehurst Apartments Huntsville.