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Affordable Housing Option in Bonham Village Apartments Located in Bonham, TX, Bonham Village Apartments is a Low-Income Housing Tax Credit (LIHTC) apartment complex. If you are in search of affordable housing, these rental apartments are backed by the LIHTC program, which comes with rent and income restrictions. The builders and developers of this complex receive incentives from LIHTC to provide housing for low-income individuals. AMI-Based Rent Calculation The maximum rent charged at Bonham Village Apartments is determined based on the Area Median Income (AMI). However, it is important to note that due to the AMI, this apartment may still be unaffordable for low-income individuals. To assess affordability, we recommend checking the current rental rates. 25 Low Income Apartments Bonham Village Apartments offers 25 low-income apartments. As demand for affordable housing is high, most apartments have waiting lists. To explore the possibility of living here, you can contact the complex directly at the provided phone number. It is essential to inquire about eligibility and the application process. Understanding LIHTC Units for Rent When applying for this apartment, it is necessary to include and verify the income of all adults expected to reside there. For more details on eligibility requirements, please call for further information. Apartment Options Bonham Village Apartments provides options for 1 bedroom, 2 bedroom, and 3 bedroom apartments. Depending on your needs, you can choose from these various unit sizes. In conclusion, Bonham Village Apartments offers an affordable housing option in Bonham, TX. Supported by the LIHTC program, these rental apartments come with rent and income restrictions. If you are interested, it is advised to contact the complex directly to inquire about eligibility and the application process.
1201 W 10th St, Bonham, TX 75418
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