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Affordable Housing Option in Sheldon, IA: Low-Income Housing Tax Credit Complex Income Guidelines and Rent Determination: - Applicants must meet income guidelines to qualify for the Low-Income Housing Tax Credit complex in Sheldon, IA. - The amount of rent paid is determined by the individual's ability to pay. Supported by LIHTC: - These rental apartments are supported by the LIHTC program, ensuring affordable housing for eligible individuals. - The program sets rent and income restrictions to promote accessibility. Incentives for Affordable Housing: - The LIHTC program provides incentives to builders and developers, encouraging the construction of affordable housing options for low-income individuals. - The maximum rent charged is based on the Area Median Income (AMI) for the region. Variety of Apartments Available: - Sheldon's low-income housing complex offers a total of 24 apartments. - The units are available in one, two, and three-bedroom configurations. Contact for Application and Qualification: - Due to high demand, most apartments have waiting lists nowadays. - To inquire about availability and apply for residency, please contact the complex directly using the provided phone number.
1011 16th Street, Sheldon, IA 51201
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