Mirabeau Gated Community

About This Building

Affordable Housing Option in Huntsville, AL: Mirabeau Apartments Introduction: Mirabeau Apartments in Huntsville, AL is a low-income housing option that benefits from the Low-Income Housing Tax Credit (LIHTC) program. If you are seeking affordable rental apartments, this complex offers support through the LIHTC, ensuring that it adheres to program rent and income restrictions. Financial Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to create housing solutions for individuals with low income. By participating in this program, Mirabeau Apartments can offer affordable rental rates based on the Area Median Income (AMI). Considerations for Low Income Individuals: While Mirabeau Apartments strive to provide affordable housing, it's important to note that the AMI-based maximum rent may still pose financial challenges for low-income individuals. Before making a decision, it is advised to check the current rental rates to determine affordability. Availability and Waiting List: Mirabeau Apartments consists of 229 low-income apartments. Given the demand for such housing options, waiting lists are common. To explore the possibility of applying and qualifying for residency, reach out directly to the management using the provided contact number. Key Information about LIHTC Units: When applying for residency at Mirabeau Apartments, it is crucial to include and verify the income of all expected adult residents. For further details regarding the application process and eligibility criteria, we recommend reaching out to the management. Conclusion: Mirabeau Apartments in Huntsville offer an affordable housing option supported by the LIHTC program. With its focus on low income individuals, it aims to provide suitable living conditions while considering income restrictions. To learn more and determine eligibility, contact the management to discuss rental rates and application requirements.