Arrowsmith Apartments

About This Building

Affordable Housing Option in Corpus Christi, TX Arrowsmith Apartments Introduction: Arrowsmith Apartments, situated in Corpus Christi, TX, offers low-income housing that is supported by the Low-Income Housing Tax Credit (LIHTC) program. With rental apartments catered towards individuals in need of affordable housing, this program imposes income and rent restrictions. Benefits of LIHTC: The LIHTC program provides incentives to builders and developers to create housing options for low-income individuals. By participating in this program, Arrowsmith Apartments can offer rental prices that are based on the Area Median Income (AMI), ensuring affordability for the target demographic. Potential Limitations: However, it is important to note that the maximum rent charged may still pose affordability challenges for some low-income residents due to the AMI-based calculation. To determine if these apartments align with your budget, it is advisable to review the current rental rates. Apartment Features: Arrowsmith Apartments is home to 70 one, two, and three-bedroom low-income apartments. Given the high demand for affordable housing, it is common for these apartments to have waiting lists. Nonetheless, we provide the contact information below so you can reach out directly to inquire about eligibility and the possibility of applying. Acceptance of HUD Subsidies: It is worth noting that Arrowsmith Apartments gladly accepts Housing and Urban Development (HUD) subsidies. If you qualify for low-income housing and they have available units, the rent will be calculated as 30% of your Adjusted Gross Income (AGI). For further details about this option, please contact them using the provided phone number. Apartment Availability: - 1 Bedroom Apartments: Check for availability. - 2 Bedroom Apartments: Check for availability. - 3 Bedroom Apartments: Check for availability. In conclusion, Arrowsmith Apartments in Corpus Christi, TX, offers affordable housing options through the LIHTC program. Despite potential limitations imposed by the AMI, reaching out directly to inquire about eligibility and the availability of units is recommended for interested individuals.