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Affordable Housing Option in Augusta Pointe Irondale, Alabama Introduction: Augusta Pointe Irondale offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. If you are in search of an affordable place to live, these rental apartments are ideal for you. About LIHTC: The LIHTC program incentivizes builders and developers to create housing opportunities for individuals with low income. It imposes rent and income restrictions to ensure affordability. However, it is worth noting that the maximum rent is determined based on the Area Median Income (AMI), which may still make it unaffordable for some low-income individuals. Rental Rates: Before considering Augusta Pointe Irondale, it is wise to check the current rental rates to determine if it fits within your budget. This step ensures that you can make an informed decision regarding affordability. Apartment Availability: Augusta Pointe Irondale boasts 90 low-income apartments; however, it is important to keep in mind that waiting lists are common these days. We provide their contact information, allowing you to inquire directly about availability and submit an application if you meet the qualifications. Understanding LIHTC Units: When applying for an apartment at Augusta Pointe Irondale, it is crucial to include and verify the income of all expected adult residents. This ensures compliance with the LIHTC program's regulations. For additional details, we recommend contacting the management. Conclusion: Augusta Pointe Irondale presents an attractive affordable housing option. By familiarizing yourself with the LIHTC program and considering the current rental rates, you can make an informed decision regarding this community. Call for more information on how to apply and qualify for living here.
1522 Cooper Hill Rd, Irondale, AL 35210
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