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Affordable Housing Option in Montgomery, AL - Introduction: Narrow Lane Villas Montgomery presents an excellent opportunity for those seeking affordable housing in Montgomery, AL. These Low-Income Housing Tax Credit (LIHTC) apartments offer rental options that are supported by the LIHTC program, featuring rent and income restrictions to cater to low-income individuals and families. - Supporting Low-Income Individuals: In order to support low-income individuals, the LIHTC program provides incentives to builders and developers to create affordable housing options. The maximum rent charged is determined based on the Area Median Income (AMI), which might still pose affordability challenges for some low-income households. - Checking for Affordability: To determine if Narrow Lane Villas Montgomery is affordable for you, it is crucial to review the current rental rates. While there are 107 low-income apartments available here, it is essential to note that there may be waiting lists due to high demand. To explore your eligibility and apply to live in these apartments, contact them directly at the provided number. - Understanding LIHTC Units: Familiarize yourself with the concept of Low Income Tax Credit (LIHTC) units for rent. It is essential to include and verify the income of all adult members expected to reside in the apartment during the application process. For further details, feel free to call and inquire. By offering an affordable housing option through the LIHTC program, Narrow Lane Villas Montgomery strives to support individuals and families with low-incomes in their search for suitable accommodations.
4581 Narrow Ln Rd, Montgomery, AL 36116
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