Monterey Point Apartments

About This Building

Monterey Point: Affordable Housing Option in Carroll, IA Monterey Point is a housing complex in Carroll, IA that offers rental apartments supported by the Low-Income Housing Tax Credit (LIHTC) program. Designed to provide affordable housing options for low-income individuals, these apartments have rent and income restrictions as determined by the LIHTC. Incentives for Affordable Housing The LIHTC program provides incentives to builders and developers to create and maintain affordable housing options for low-income individuals. By offering tax credits, this program aims to address the housing needs of those with limited financial resources. Rent Based on Area Median Income (AMI) The maximum rent for Monterey Point apartments is determined by the Area Median Income (AMI). However, it is important to note that this may still pose financial challenges for low-income individuals, as the AMI can vary. To determine whether the rent is affordable for you, we recommend checking the current rental rates. 24 Low-Income Apartments Available Monterey Point offers a total of 24 low-income apartments. Given the limited availability, it is common for these apartments to have waiting lists. To inquire about availability and eligibility, we encourage you to directly contact Monterey Point using the provided phone number. Consider Monterey Point for Affordable Housing We provide this listing as a helpful resource for individuals seeking affordable housing options. If you are interested in applying and qualifying to live at Monterey Point, we encourage you to get in touch with them directly.