Jacob's Square Exeter

About This Building

Affordable Housing Option at Jacob's Square Exeter Introduction: - Jacob's Square Exeter offers Low-Income Housing Tax Credit apartments in Exeter, CA, providing affordable housing options for individuals in need. - These rental apartments are supported by the LIHTC program, which aims to offer affordable housing to low-income individuals and families. Program Details: - The LIHTC program provides incentives to builders and developers to create affordable housing options for low-income persons. - Rent charges are determined based on the AMI, or the Area Median Income. - It is important to note that the AMI may make this apartment unaffordable for some low-income individuals. Rental Rates: - Before considering Jacob's Square Exeter, it is advisable to check the current rental rates to determine if they are affordable for you. - We understand that affordability is crucial, and the AMI might affect the feasibility of living in these apartments. Apartment Features: - Jacob's Square Exeter offers 45 low-income apartments, increasing the availability of affordable housing in the area. - Due to demand, most apartments in the area have waiting lists. Hence, we provide direct contact information for you to inquire about applying and qualifying for residency. Important Information: - To ensure transparency and fair assessment, income from all adults who will reside in the apartment must be included and verified during the application process. - For more details on eligibility and application procedures, please contact the provided number. Conclusion: - Jacob's Square Exeter presents an opportunity for individuals seeking affordable housing through the LIHTC program. - Assessing the rental rates, income restrictions, and application process will help determine if this apartment meets your needs and budget constraints. - We encourage you to explore the potential of living in these low-income tax credit units and make an informed decision for your housing needs.