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Affordable Housing Option in Hondo, Texas: Hondo Garden Apartments Low-Income Housing Tax Credit Opportunity Welcome to Hondo Garden Apartments, a great choice for those seeking affordable housing in Hondo, Texas. Our rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, ensuring that they meet the needs of low income individuals and families. Incentivizing Affordable Housing The LIHTC program provides incentives to builders and developers to create and maintain housing options that are within the financial reach of low income individuals. This means that the maximum rent charged is determined by the Area Median Income (AMI), ensuring affordability for those who qualify. Considerations for Low Income Individuals It is important to note that while the LIHTC program aims to provide affordable housing, the AMI may still make these apartments unaffordable for some low income individuals. To determine if these apartments are within your budget, please check the current rental rates. 31 Low Income Apartments Available Hondo Garden Apartments has a total of 31 low income apartments, offering diverse options for individuals and families in need. As demand for affordable housing is high, there may be a waiting list for these apartments. However, we encourage you to contact the apartment directly to inquire about availability and the application process. Headings: 1. Welcome to Hondo Garden Apartments 2. Affordable Housing through the LIHTC Program 3. Considerations for Low Income Individuals 4. 31 Low Income Apartments Available 5. Contact for More Information
3100 Avenue Q, Hondo, TX 78861
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