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Affordable Housing Option in Hovley Gardens Palm Desert, CA: Supporting Low-Income Individuals Overview: - Hovley Gardens Palm Desert is an apartment complex offering Low-Income Housing Tax Credit (LIHTC) apartments. - These rental apartments are designed to provide affordable housing options and are subject to program rent and income restrictions. The Benefits of LIHTC: - The LIHTC program incentivizes builders and developers to offer affordable housing to individuals with low income. - The maximum rent charged is determined based on the Area Median Income (AMI) of the region. - Due to the AMI-based calculations, the affordability of this apartment complex may vary for low-income individuals. - It is advisable to check the current rental rates to assess affordability. Apartment Details: - Hovley Gardens Palm Desert comprises 162 low-income apartments. - As demand for affordable housing is high, there may be waiting lists for these apartments. - To explore your eligibility and application process, please contact the management directly using the provided number. Implications and Application Process: - Understanding LIHTC (Low-Income Tax Credit): It is crucial to be familiar with the concept of LIHTC units for rent. - When applying for an apartment, include and verify the income of all adult occupants. - For more details and specific information, feel free to call the management. Apartment Types Available: - 2-bedroom apartments at this location - 3-bedroom apartments at this location - 4-bedroom apartments at this location
74501 42nd Ave, Palm Desert, CA 92260
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