Berkshire Apartments Mobile

About This Building

Affordable Housing Option at Berkshire Apartments Mobile, AL - Low-Income Housing Tax Credit (LIHTC) Apartment Discover an affordable housing option at Berkshire Apartments Mobile, conveniently situated in Mobile, AL. These rental apartments receive support from the LIHTC program, ensuring affordable living for eligible individuals and families. The program imposes rent and income restrictions to assist low-income persons in finding suitable accommodation. Encouraging Affordable Housing with LIHTC - Incentives for Builders and Developers The LIHTC program provides incentives to builders and developers, promoting the creation of affordable housing opportunities for low-income individuals. The maximum rent charged is determined by the Area Median Income (AMI), which influences the affordability of the apartments. It's crucial to consider the current rental rates to assess the affordability based on your circumstances. A Residential Option for Low-Income Individuals - 103 Low Income Apartments Available At Berkshire Apartments Mobile, there are a total of 103 low-income apartments available. However, due to the AMI-based pricing, it is important to note that these units may still be unaffordable for some low-income individuals. It's recommended to check the rental rates to determine if they align with your budgetary needs. Applying and Qualifying - Reach Out for Further Details As is common with affordable housing options, waiting lists are frequently in place. To explore the possibility of becoming a resident at Berkshire Apartments Mobile, you can directly contact them using the provided contact number. It's essential to keep in mind that at application time, the income of all adults expected to reside in the apartment must be included and verified. Feel free to call for more detailed information. Discover the Benefits of LIHTC (Low-Income Tax Credit) Units for Rent - Enhance your Understanding To gain a better understanding of the financial advantages associated with LIHTC units, it is recommended to learn more about the program. Be sure to inquire about the eligibility criteria, the application process, and any additional details that will help you make an informed decision regarding your housing needs.