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Affordable Housing Option in Hunters Chase Madison Overview: Hunters Chase Madison offers Low-Income Housing Tax Credit apartments in Madison, AL. If you seek affordable housing, these rental apartments are backed by LIHTC, providing rental and income restrictions for eligible individuals. However, certain considerations must be taken into account to determine affordability. Income Restrictions: The LIHTC program encourages builders and developers to offer affordable housing options to low-income individuals. The maximum rent charged for these apartments is based on the AMI (Area Median Income). It's important to note that, due to this AMI, the rent may still be unaffordable for low-income individuals. Checking the current rental rates is advised to ascertain affordability. Number of Apartments: Hunters Chase Madison boasts 91 low-income apartments. Given the high demand for affordable housing, there may be waiting lists associated with securing a unit. Contact information has been provided to directly inquire about availability and eligibility. Application Requirements: Understanding LIHTC Units: To qualify for residence at this apartment, the income of all adult residents must be included and verified during the application process. For more detailed information, get in touch with the apartment management. Contact Information: To learn more about Hunters Chase Madison's affordable housing options, please contact them directly using the provided phone number. They can guide you through the application process and address any specific queries you may have.
340 Gillespie Rd, Madison, AL 35758
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