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Affordable Housing Option in Durham, NC - Franklin Village Apartments Overview: -Franklin Village Apartments is a Low-Income Housing Tax Credit (LIHTC) apartment complex located in Durham, NC. -These rental apartments are supported by LIHTC, offering affordable housing solutions with specific rent and income restrictions. -The LIHTC program encourages builders and developers to provide housing for low-income individuals and families. -The maximum rent is determined by the Area Median Income (AMI), which may make it unaffordable for some low-income individuals. Apartment Details: -This apartment complex offers a total of 74 low-income apartments ranging from two to four bedrooms. -Please note that many apartments currently have waiting lists, so it is best to contact the management directly to inquire about availability. Applying and Qualifying: -Contact Franklin Village Apartments at the provided phone number to check if you meet the criteria and can apply. -It is important to assess the current rental rates to determine if this option is affordable for you based on your specific income level.
705 East Main Street, Durham, NC 27703
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