Pecan Place Denton

About This Building

Affordable Housing Option in Denton, TX: Pecan Place Denton - Introduction: Pecan Place Denton is a low-income housing tax credit (LIHTC) apartment situated in Denton, TX. If you are in search of an affordable housing option, these rental apartments are backed by LIHTC, ensuring program rent and income restrictions. - Providing Affordable Housing: The LIHTC program offers incentives to builders and developers, enabling them to offer reasonably priced housing to individuals with low incomes. The maximum rent charged is determined based on the area median income (AMI). However, it's important to note that this AMI may still make this apartment unaffordable for low-income individuals. - Checking Affordability: To determine if this apartment aligns with your financial situation, we recommend checking the current rental rates. Bear in mind that there are 24 low-income apartments available at this location, and waiting lists may be common. To find out if you qualify and can apply to live here, feel free to contact them directly using the provided number. - Understanding LIHTC: Familiarize yourself with LIHTC (Low-Income Tax Credit) units for rent, as the income of all adults expected to reside in this apartment must be included and verified during the application process. For further details, don't hesitate to call. - One-Bedroom Apartments: At Pecan Place Denton, you will find one-bedroom apartments. These cozy units offer comfortable living spaces suited for individuals or couples. Reach out for more information on availability and pricing. By revamping the text and providing a clearer structure, the rewritten version provides a fresh perspective on the affordable housing provided by Pecan Place Denton.