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Affordable Housing Option in Stockton: Grant Village Townhomes Introduction: Grant Village Townhomes Stockton offers Low-Income Housing Tax Credit apartments in Stockton, CA. These rental apartments provide an appealing option for those seeking affordable housing. The LIHTC Program: Supported by the LIHTC, these apartments come with program rent and income restrictions. This program incentivizes builders and developers to offer affordable housing solutions for low-income individuals. Rent Based on AMI: The maximum rent charged is determined based on the Area Median Income (AMI). However, due to the AMI factor, some low-income individuals may still find this apartment unaffordable. To ensure affordability, it is recommended to check the current rental rates. Number of Apartments: Grant Village Townhomes boasts 40 low-income apartments within its premises. Considering the growing demand for affordable housing, there might be a waiting list for these units. Application Process: To explore your eligibility and apply for these apartments, we provide the direct contact number for Grant Village Townhomes. Contact them directly for more information and to initiate the application process. Important Reminder: When applying, it is crucial to include and verify the income of all adults who are expected to reside in the apartment. This requirement ensures accurate assessment of eligibility. For Further Details: If you require additional information, feel free to call and inquire about the specifics of the LIHTC program and rental units at Grant Village Townhomes. Conclusion: Grant Village Townhomes Stockton stands as an affordable housing option supported by the LIHTC program. Contact them to see if this accommodation is suitable for you and your needs.
2040 S Grant St 41, Stockton, CA 95206
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