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Affordable Housing Option in Auburn, AL Introduction Welcome to Nancy Spears Apartments Auburn, a Low-Income Housing Tax Credit (LIHTC) apartment complex offering affordable housing options to individuals and families in need. This article provides important details about the program and offers guidance on determining eligibility. About LIHTC The LIHTC program aims to incentivize builders and developers to create affordable housing opportunities for low-income individuals. Nancy Spears Apartments Auburn is a proud participant in this program, ensuring that the rental apartments are accessible to those who qualify based on their income and meeting specific program requirements. Rent and Income Restrictions To ensure affordability, the maximum rent charged at Nancy Spears Apartments Auburn is determined based on the Area Median Income (AMI). However, it's important to note that the AMI may still pose challenges for those with low incomes, making the apartments potentially unaffordable. We encourage you to check the current rental rates to determine if this housing option meets your affordability criteria. Apartment Details With 40 low-income apartments available, Nancy Spears Apartments Auburn provides a range of options to suit different needs. However, it's worth noting that there may be waiting lists for these apartments due to the demand for affordable housing in the area. We recommend reaching out directly to the complex using the provided contact information to inquire about the application process and eligibility requirements. Crucial Information about LIHTC When applying for an apartment at Nancy Spears Apartments Auburn, it's essential to ensure that the income of all adults intending to reside in the unit is included and verified at the time of application. Please contact the complex for further details on the application process and to address any additional questions or concerns you may have. Conclusion Nancy Spears Apartments Auburn offers an affordable housing solution through the LIHTC program, catering to low-income individuals looking for accessible accommodation in Auburn, AL. By understanding the program's guidelines and confirming your eligibility, you can take the necessary steps to secure a place in this community.
818 Bedell Ave, Auburn, AL 36832
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