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Affordable Housing Option in Huntsville, AL: Burgundy Square Apartments Introduction: - Welcome to Burgundy Square, formally known as New Binford Apartments Huntsville. - Discover a low-income housing tax credit apartment that offers affordable living in Huntsville, AL. Affordable Option Supported by LIHTC: - These rental apartments are supported by the LIHTC, offering affordable housing for those in need. - Take advantage of the applicable program rent and income restrictions. Incentives for Affordable Housing: - The LIHTC provides incentives to builders and developers, ensuring the provision of affordable housing for low-income individuals. - The maximum rent charged is based on the Area Median Income (AMI), making it accessible for many. Considerations for Low Income Persons: - However, due to the AMI, this apartment may still be unaffordable for some low-income individuals. - It is important to check the current rental rates to determine affordability. Numerous Low-Income Apartments: - Discover 90 low-income apartments within the Burgundy Square community. - Please note that there may be waiting lists, as it is a common practice in most apartments these days. How to Apply: - We provide this listing to directly contact Burgundy Square Apartments at the provided number. - Reach out and inquire about the application process to determine if you qualify to live here. Important Details about LIHTC: - Understand that income from all adults expected to reside in the apartment must be included and verified during the application process. - Call for more details and to learn more about LIHTC units for rent at Burgundy Square. Conclusion: - Choose Burgundy Square Apartments for an affordable housing option in Huntsville, AL. - Make use of the provided headings to easily navigate through the information and take the necessary steps towards securing a comfortable living space.
217 Binford Drive, Huntsville, AL 35805
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