Madera Villa Apartments Madera

About This Building

Affordable Housing Option at Madera Villa Apartments in Madera, CA Overview: - Madera Villa Apartments is a Low-Income Housing Tax Credit apartment complex located in Madera, CA. - Supported by the LIHTC program, these rental apartments offer affordability to eligible individuals and families. - Please note that certain rent and income restrictions apply due to the program's guidelines. Incentives for Affordable Housing: - The LIHTC program encourages builders and developers to construct affordable housing for low-income individuals. - The maximum rent charged is based on the Area Median Income (AMI), ensuring affordability to eligible residents. - However, it is important to consider that the AMI may still render this apartment unaffordable for some low-income persons. Rental Rates: - To determine whether this apartment is affordable to you, we recommend checking the current rental rates. - Please keep in mind that affordability is subject to individual financial circumstances. Number of Apartments: - Madera Villa Apartments offers a total of 28 low-income apartments. - Due to the high demand for affordable housing, waiting lists are common among most apartments. Application Process: - We provide this listing to enable direct contact with the management of Madera Villa Apartments. - Please use the provided number to inquire about applying and determine if you qualify to live here. - Kindly note that all expected adult residents' income must be included and verified during the application. Unit Availability: - Madera Villa Apartments provides both 1-bedroom and 2-bedroom apartments. - For more specific details on the available units, please contact the management for further information.