Arbor Place Apartments

About This Building

Affordable Housing Option in Opelika, Alabama 1. Introduction Crooked Creek Apartments Opelika offers a unique opportunity for affordable housing seekers in Opelika, Alabama. Supported by the Low-Income Housing Tax Credit program (LIHTC), these rental apartments come with specific rent and income restrictions. 2. LIHTC: Encouraging Affordable Housing The LIHTC program provides incentives to builders and developers to create housing options that cater to low-income individuals. The maximum rent is determined by the Area Median Income (AMI), ensuring affordability within the community. 3. Consideration of AMI It is important to note that the AMI calculation may make this apartment complex unaffordable for certain low-income individuals. To determine suitability, it is advisable to review the current rental rates and assess affordability based on personal circumstances. 4. Availability With 120 low-income apartments available, it is common for there to be waiting lists. To explore the possibility of residing in these apartments, reaching out directly to the management is recommended. Contact details are provided below for your convenience. 5. Important Reminder: LIHTC Application Requirements Prior to applying, please ensure that the income of all adults intending to reside in the apartment is disclosed and verified during the application process. For further information, please contact us for more details. Conclusion Crooked Creek Apartments Opelika presents a chance to secure affordable housing in Opelika, Alabama. Through the LIHTC program, this apartment complex aims to provide comfortable living spaces while accommodating the needs of low-income individuals. Contact us today for more information.