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Affordable Apartments in Placerville: Cottonwood Park Apartments Introduction: Cottonwood Park Apartments in Placerville, CA, offers low-income housing options under the Low-Income Housing Tax Credit (LIHTC) program. If you are searching for affordable housing, this apartment complex provides rental units that adhere to program regulations regarding rent and income restrictions. LIHTC Program: The LIHTC program incentivizes builders and developers to create housing options for individuals with low incomes. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it is important to note that the AMI may still make these units unaffordable for some low-income individuals. To determine affordability, please check the current rental rates. Number of Apartments: Cottonwood Park Apartments offers a total of 77 low-income apartments within the complex. It is worth mentioning that many apartment complexes nowadays have waiting lists due to high demand. Application Process: To explore the possibility of living in Cottonwood Park Apartments, we provide their contact details below. Feel free to reach out to them directly to inquire about the application process and whether you qualify to reside here. Contact Details: To learn more about the apartment units and the application process, please contact Cottonwood Park Apartments directly at the provided phone number. Additional Details: - 2 bedroom apartments available at this location - 3 bedroom apartments available at this location - 4 bedroom apartments available at this location Note: In order to apply, income from all adults expected to reside in the apartment must be included and verified during the application process. For further information, kindly contact Cottonwood Park Apartments.
3030 New Jersey Way, Placerville, CA 95667
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