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Affordable Housing Option in Prichard, AL: Alexander Court Apartments Introduction: - Alexander Court Apartments in Prichard, AL offers low-income housing options. - Supported by the LIHTC program, these rental apartments have rent and income restrictions. - LIHTC incentivizes builders and developers to provide affordable housing for low-income individuals. Affordability Factors: - Maximum rent is determined based on the Area Median Income (AMI). - However, the AMI may make this apartment unaffordable for some low-income individuals. - It is recommended to check the current rental rates to determine affordability. Apartment Details: - Alexander Court Apartments offer 100 low-income apartments. - Due to high demand, waiting lists for apartments are common. - Contact them directly using the provided number to inquire about availability and eligibility. Application Requirements: - All adults planning to reside in the apartment must include and verify their income at the time of application. - For more details, call Alexander Court Apartments. TIP: Understanding LIHTC (Low Income Tax Credit): - Rental units under the LIHTC program provide affordable housing options. - Familiarize yourself with LIHTC units to make informed decisions about renting. By organizing the information under different headings, the rewritten text provides a clearer structure for readers.
108 Alexander Ct, Prichard, AL 36610
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