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Affordable Housing Option: Mountain Ridge Apartments Huntsville Location: Huntsville, AL Introduction: Mountain Ridge Apartments Huntsville offers a Low-Income Housing Tax Credit (LIHTC) apartment option for individuals seeking affordable housing. Supported by the LIHTC program, these rental apartments come with specific rent and income restrictions. Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to create housing options for low-income individuals by providing them tax credits. This initiative ensures that affordable housing is accessible to those in need. Rent Calculation: The maximum rent charged at Mountain Ridge Apartments is determined based on the Area Median Income (AMI). However, it is important to note that the AMI may still pose affordability challenges for low-income individuals. To determine if this apartment is within your budget, please check the current rental rates. Number of Low-Income Apartments: Mountain Ridge Apartments offers a total of 50 low-income apartments. Due to high demand, waiting lists are common for most apartments these days. To explore the possibility of living here, we recommend contacting the management directly using the provided contact number. Key Considerations: - Knowing About LIHTC (Low-Income Tax Credit) units for rent - All adults expected to reside in the apartment must have their income included and verified at the time of application. For more information, please call for additional details.
449 Hobbs Rd Se, Huntsville, AL 35803
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