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Affordable Housing in Madera, CA - Sherwood Point Apartments Providing Affordable Options for Low-Income Individuals Sherwood Point Apartments in Madera, CA, is a tax credit apartment complex that offers low-income housing options. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments come with specific income and rent restrictions. The LIHTC program incentivizes builders and developers to create affordable housing for individuals with low incomes. Determining Affordability Based on Area Median Income The maximum rent for these apartments is determined based on the Area Median Income (AMI). It's important to note that the AMI may make these apartments unaffordable for some low-income individuals. To ensure affordability, be sure to check the current rental rates in advance. A Total of 80 Units Available Within the Sherwood Point Apartments, there are 80 units designated for low-income individuals. As demand for affordable housing increases, most apartments tend to have waiting lists. To determine if you qualify and can apply for residency, we encourage you to directly contact the Sherwood Point Apartments using the provided phone number. Understanding Income Verification and Requirements When applying for an apartment at Sherwood Point, it's crucial to include and verify the income from all adults who will be residing there. For more information regarding this requirement or any other details, please call for further assistance. Various Apartment Sizes Available At Sherwood Point Apartments, individuals can choose from the following apartment sizes: - 2-bedroom apartments at location - 3-bedroom apartments at location - 4-bedroom apartments at location By categorizing the information into distinct headings, this revised text provides a more organized and structured presentation.
338 W Sherwood Way, Madera, CA 93638
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