The Anchorage Apartments

About This Building

Section 42, LIHTC Apartments in Anchorage for Low-Income Tenants Overview: Anchorage offers a total of 39 apartments for low-income individuals. These properties operate under Section 42, LIHTC (Low Income Tax Credit) guidelines, where rents are determined by the Area Medium Income (AMI) and tenant based utility allowances. Requirement: Out of the total apartments available, at least 20% of them are reserved for low-income tenants, ensuring access to affordable housing options. Important Information: 1. Waiting Lists: Due to high demand, most low-income apartments have waiting lists. It is not uncommon for these lists to take years before someone is called for an opening. Therefore, it is crucial to apply to as many waiting lists as possible to increase chances of obtaining housing. 2. Contacting Apartments: To inquire about available openings or open waiting lists, it is recommended to directly call the apartments. We provide phone numbers and websites as contact information for your convenience. 3. Apartment Rates: While current apartment rates are provided on several listing pages, it is important to note that most HUD listings do not have published rates. Instead, the rent is typically calculated as 30% of the renter's adjustable gross income. To determine if you qualify for income-based rent, contacting the apartments directly is necessary.