Cherokee Estates Centre

About This Building

Affordable Housing Option in Centre, AL: Cherokee Estates Centre Headings: - Introduction - LIHTC Support - Rental Rates - Low Income Apartments Available - Application Process and Contact Information Introduction: Discover an affordable housing option in Centre, AL at Cherokee Estates Centre. If you are in search of reasonably priced rental apartments, this complex could be the perfect fit for you. LIHTC Support: Cherokee Estates Centre is proud to be supported by the Low-Income Housing Tax Credit (LIHTC) program. This initiative encourages builders and developers to create housing options for low-income individuals and families. Consequently, these apartments offer rental rates that align with the guidelines and income restrictions set by the LIHTC. Rental Rates: To ensure affordability, the maximum rent charged at Cherokee Estates Centre is determined by the Area Median Income (AMI). However, it's important to note that this AMI calculation might still make the apartment unaffordable for some low-income individuals. Therefore, we recommend checking the current rental rates to assess if they are within your budget. Low Income Apartments Available: Cherokee Estates Centre boasts a total of 31 low-income apartments, providing an opportunity for those in need. Due to the high demand for such housing, waiting lists are common in today's rental market. To explore your eligibility and the possibility of becoming a resident, we encourage you to contact the management directly using the provided phone number. Application Process and Contact Information: During the application process, it is essential to include and verify the income of all adults who are expected to reside in the Cherokee Estates Centre apartment. For further details and clarifications, please feel free to call the designated number. Our friendly staff is ready to assist you. Regular Hours: - Monday: 1:00 pm - 4:00 pm - Tuesday: Closed TIP: Gaining Insight into LIHTC (Low Income Tax Credit) Units for Rent: If you are seeking additional information about rental units supported by the Low-Income Housing Tax Credit program, do not hesitate to contact us. Our team will gladly provide you with more details upon request.