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Chase Park Apartments: Affordable Housing Option in Montgomery Overview: - Chase Park Apartments in Montgomery, AL is a Low-Income Housing Tax Credit apartment complex. - These rental apartments are supported by the LIHTC program, offering affordable housing options to low-income individuals. - Maximum rent charged is determined by the Area Median Income (AMI), which may make it unaffordable for some. Features: - There are 74 low-income apartments available at Chase Park Apartments. - Due to high demand, waiting lists for these apartments are common. - Contact them directly at the provided number to inquire about availability and eligibility. Income Requirements: - To apply for an apartment at Chase Park, income from all adults expected to reside must be included and verified. - Call for more details on income verification and application process. Note: Understanding LIHTC (Low Income Tax Credit) Units: - LIHTC provides incentives to builders and developers to offer affordable housing options to low-income individuals. - This program helps address the housing needs of low-income persons. Current Rental Rates: - It is important to check the current rental rates to determine affordability for you. - Consider the AMI (Area Median Income) and its impact on rental costs. Conclusion: - Chase Park Apartments in Montgomery provide a low-income housing option, supported by the LIHTC program. - Contact them directly to inquire about availability, eligibility, and the application process.
2421 Chase Park Dr, Montgomery, AL 36110
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