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Affordable Housing Option in Honey Grove, TX: Pine Run Apartments Honey Grove - Location: Honey Grove, TX - Low-Income Housing Tax Credit (LIHTC) Supported Rental Apartments Providing Incentives for Affordable Housing: The Pine Run Apartments Honey Grove is a Low-Income Housing Tax Credit apartment complex that offers affordable housing options for low-income individuals and families. Builders and developers are encouraged to participate in the LIHTC program, which aims to provide affordable housing to those with limited income. Rent and Income Restrictions: The apartment rental rates are determined based on the Area Median Income (AMI). However, it's important to note that the AMI criteria may make the apartment unaffordable for some low-income individuals. We recommend checking the current rental rates to determine affordability for you. 32 Low-Income Apartments: This apartment complex consists of 32 units specifically designated for low-income individuals and families. As demand for affordable housing is high these days, there may be waiting lists for these apartments. If you are interested, we encourage you to contact the management directly to inquire about availability and eligibility. Knowing About LIHTC Units: It is important to understand that all adults who plan to reside in the apartment must provide their income details and have it verified during the application process. For more specific information, please call the management for additional details. Apartment Options: - 1 bedroom apartments available - 2 bedroom apartments available
700 N Piner St, Honey Grove, TX 75446
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