Huntsville Summit

About This Building

Title: Affordable Housing Option at 111 Walker Ave NE, Huntsville, AL Section 1: Introduction Searching for affordable housing in Huntsville, Alabama? Look no further than 111 Walker Ave NE. This Low-Income Housing Tax Credit (LIHTC) apartment complex offers rental units with income and rent restrictions. Section 2: Understanding LIHTC The LIHTC program encourages builders and developers to provide housing options for low-income individuals. By participating in this program, the maximum rent is determined based on the Area Median Income (AMI). However, the AMI may still make this apartment unaffordable for some low-income individuals. Section 3: Current Rental Rates To determine if 111 Walker Ave NE fits within your budget, check the current rental rates. Although these apartments are designated as low-income housing, it's important to ensure they are affordable for your specific financial situation. Section 4: Available Low-Income Apartments With a total of 101 low-income apartments available, 111 Walker Ave NE provides ample housing options for individuals looking for affordable housing in the area. However, it's worth noting that waiting lists for apartments are common nowadays. Section 5: Application Process To explore the possibility of living at 111 Walker Ave NE, contact the management directly through the provided phone number. They can provide further information regarding the application process and help determine if you qualify for residency. Section 6: Important Considerations Before applying, keep in mind that income verification for all adult residents is required during the application process. For more details, including any additional requirements or inquiries, kindly reach out to the management. Conclusion: 111 Walker Ave NE offers an opportunity for low-income individuals to find affordable housing through the LIHTC program. Take the necessary steps to explore this option further, ensuring it meets your needs and eligibility criteria.