Mound Plaza Apartments Moundville

About This Building

Affordable Housing Option in Moundville, AL - Mound Plaza Apartments Overview: - Mound Plaza Apartments in Moundville, AL offer low-income housing options supported by the LIHTC program. - These rental apartments have rent and income restrictions based on the LIHTC guidelines. About LIHTC: - The Low-Income Housing Tax Credit (LIHTC) provides incentives to builders and developers to offer affordable housing for low-income individuals. - Maximum rent charged is determined by the Area Median Income (AMI). - However, please note that the AMI may still make these apartments unaffordable for some low-income individuals. Rental Rates: - Before deciding, do check the current rental rates to determine affordability. - Remember that there are 24 low-income apartments available at Mound Plaza Apartments. Waiting Lists: - It is common for apartments to have waiting lists nowadays. - Contact Mound Plaza Apartments directly at the provided number to inquire about the application process and eligibility. Income Verification: - All adults intending to reside at these apartments must include and verify their income during the application process. - For more information, call to learn about the specific details. Please note: This text has been significantly rephrased to create a new version while maintaining the core information.