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Affordable Housing Option in Spanish Fort, AL: Kensley Apartments - Supporting Low-Income Individuals through LIHTC Program Welcome to Kensley Apartments, a Low-Income Housing Tax Credit (LIHTC) apartment complex situated in the charming Spanish Fort, AL. If you are in search of reasonably priced housing, our rental apartments are an excellent choice, as they are supported by the LIHTC program, including program rent and income restrictions. Promoting Affordable Housing: The LIHTC program offers valuable incentives to builders and developers, encouraging them to provide housing options that are within the means of low-income individuals. To ensure affordability, the maximum rent is determined by the Area Median Income (AMI), making it accessible to a wide range of income levels. However, do note that due to the AMI, this particular apartment may still be out of reach for some low-income individuals. Verify Affordability: We understand that financial considerations are crucial, especially for those seeking affordable housing. We recommend checking the current rental rates to determine if this apartment aligns with your budget. It's important to note that there are currently 104 low-income apartments available. Waitlist Possibility: Considering the high demand for affordable apartments, it is common for most complexes to have waiting lists. To help you navigate the process, we provide this listing, allowing you to contact Kensley Apartments directly using the provided number. Feel free to inquire about availability and the qualification criteria, ensuring you have all the necessary information to make an informed decision. Key Details: - Understanding LIHTC Units: Low-Income Tax Credit for Renters - Inclusive Income Verification: All adult residents' income must be included and verified during the application process. Please call for more details. Make Kensley Apartments your affordable housing choice today.
31230 Stagecoach Rd, Spanish Fort, AL 36527
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