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Affordable Housing Option in Meridian, ID: The Foothills Apartments - Introduction: Looking for an affordable housing option in Meridian, ID? The Foothills Apartments, supported by the Low-Income Housing Tax Credit (LIHTC), offer an opportunity for individuals seeking affordable rental apartments. - LIHTC: Providing Incentives for Affordable Housing: The LIHTC program seeks to incentivize builders and developers to provide affordable housing to low-income individuals. By participating in the LIHTC program, The Foothills Apartments adhere to program rent and income restrictions, making them an accessible option for those in need. - Rent Based on Area Median Income: The maximum rent charge at The Foothills Apartments is determined by the Area Median Income (AMI). This ensures that the affordability aspect is maintained, enabling low-income persons to secure decent housing options. - Apartment Details: The Foothills Apartments consists of 53 two and three-bedroom apartments, specifically designed to cater to the needs of low-income individuals and families. - Application Process: Due to the high demand for affordable apartments, waiting lists have become common. To inquire about eligibility and apply for residency at The Foothills Apartments, kindly contact them directly using the provided number. By organizing the text into headings, we have created a more structured and distinct version from the original source.
2308 E. Franklin Road, Meridian, ID 83642
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