Waterman Square Elk Grove

About This Building

Waterman Square Elk Grove: Affordable Housing Option Supported by LIHTC Waterman Square Elk Grove, located in Elk Grove, CA, is a Low-Income Housing Tax Credit (LIHTC) apartment. These rental apartments offer an affordable housing option, as they are supported by the LIHTC program, which imposes rent and income restrictions for eligible individuals. Promoting Affordable Housing for Low-Income Persons The LIHTC program incentivizes builders and developers to provide affordable housing options for low-income individuals. The maximum rent charged for these apartments is based on the Area Median Income (AMI). However, it is important to note that this AMI requirement may render this apartment unaffordable for some low-income persons. Therefore, it is advisable to check the current rental rates to determine if it fits within your affordability range. Wide Range of Low-Income Apartments Waterman Square Elk Grove encompasses 83 low-income apartments. Due to the demand for affordable housing, it is common for apartments to have waiting lists. To apply and determine if you qualify to live here, we recommend contacting them directly using the provided phone number. Tips for Renting LIHTC Units When applying to reside at this apartment, it is essential to include and verify the income of all the expected adult residents. For further details, please call for more information. Apartment Options Waterman Square Elk Grove offers a variety of apartment options to suit your needs: - 2 bedroom apartments at location - 3 bedroom apartments at location - 4 bedroom apartments at location These headings provide a structured overview of Waterman Square Elk Grove, highlighting its affordability, LIHTC support, and apartment options.