Glenwood Meadows Apartments Luverne

About This Building

Affordable Housing Option in Luverne, AL: Glenwood Meadows Apartments Luverne Introduction: Glenwood Meadows Apartments Luverne offers a Low-Income Housing Tax Credit (LIHTC) housing option for individuals in search of affordable accommodation. Supported by the LIHTC program, these rental apartments come with specific rent and income restrictions. Benefits of LIHTC: The LIHTC program incentivizes builders and developers to provide housing solutions for low-income individuals. By offering tax credits, it promotes the creation of affordable homes. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). Considerations for Low-Income Individuals: Due to the AMI-based rent structure, the affordability of Glenwood Meadows Apartments Luverne can vary for low-income individuals. To assess whether these apartments meet your affordability requirements, it is advisable to check the current rental rates. Available Units and Waiting Lists: With 40 low-income apartments available, there may be a waiting list for occupancy. However, we provide the contact information so that you can directly enquire about potential application and qualification processes. Important Information about LIHTC units: When applying for residency, it is essential to include and verify the income of all adults who are expected to live in the apartment. For more details on the application process, please reach out to us directly. Contact Information: To gather additional information or clarify any queries, feel free to call the provided number. Our team will be happy to assist you.