Bankhead Towers Senior Apartments

About This Building

Bankhead Towers Senior Apartments: Affordable Low-Income Housing in Birmingham, AL Introduction: Bankhead Towers Senior Apartments offers an opportunity for affordable housing in Birmingham, AL. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, ensuring that they are accessible to individuals with limited income. Key Features: 1. LIHTC Support: Bankhead Towers benefits from the LIHTC program, which provides incentives to builders and developers to create affordable housing options for low-income individuals. 2. Rent and Income Restrictions: The program ensures that the apartments have applicable rent and income limitations, making them suitable for those with limited financial resources. 3. Rent Based on AMI: The maximum rent charged is determined based on the Area Median Income (AMI). However, it is important to note that the AMI might still make the apartments unaffordable for some low-income individuals. One should verify the current rental rates to determine affordability. 4. 251 Apartments: Bankhead Towers consists of 251 one and two bedroom apartments, providing a range of options to suit different needs. 5. Office Hours: Mon - Fri 9 am - 4 pm: The management office is open during regular working hours, making it convenient for individuals to inquire about the apartments. Application and Qualification: Considering the high demand for affordable housing, it is common for apartments to have waiting lists. To apply and determine eligibility for Bankhead Towers, please contact them directly at the provided number. This apartment also accepts HUD subsidies, further expanding the accessibility for low-income individuals. Rent for HUD subsidized apartments is based on 30% of the Adjusted Gross Income. For more information, please call for details. Apartment Options: - 1 Bedroom Apartments: Bankhead Towers offers one-bedroom apartments, suitable for individuals or couples. - 2 Bedroom Apartments: Additionally, the complex provides two-bedroom apartments, catering to larger households or those needing extra space. Conclusion: Bankhead Towers Senior Apartments presents an affordable housing option in Birmingham, AL, supported by the LIHTC program. With rent and income restrictions in place, these apartments aim to meet the needs of low-income individuals. Contact the management office to inquire about availability and qualification criteria.