Morgan Trace Apartments Gulf Shores

About This Building

Heading 1: Affordable Housing Option in Gulf Shores, AL Heading 2: Rental Apartments Supported by LIHTC Heading 3: Restrictions Based on Rent and Income Morgan Trace Apartments Gulf Shores is a low-income housing option available in the beautiful city of Gulf Shores, Alabama. In order to make housing more affordable for individuals, these rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which offers incentives to builders and developers. However, it is important to note that there are rent and income restrictions imposed by this program. Heading 4: Maximum Rent Based on Area Median Income The maximum rent charged for these apartments is determined by the Area Median Income (AMI). While this program aims to provide affordable housing, it is possible that the rent may still be unaffordable for individuals with low incomes due to the AMI levels. It is advisable to check the current rental rates to assess whether it fits your budget. Heading 5: Limited Availability with Waiting Lists There are a total of 50 low-income apartments available at Morgan Trace Apartments. However, like many other affordable housing options, there may be waiting lists for these apartments. Heading 6: Apply and Qualify to Live Here If you are interested in applying for these apartments, we provide the contact information for Morgan Trace Apartments. You can directly reach out to them using the provided phone number to inquire about the application process and see if you meet the qualifications. Heading 7: Important Note: LIHTC Units for Rent It is essential to understand that when applying for this apartment, the income of all adults expected to reside in the unit must be included and verified during the application process. For more detailed information regarding the application process and eligibility criteria, please contact the management. Call for more details.