Wright Apartments Northport

About This Building

Affordable Housing Option at Wright Apartments Northport Introduction: Wright Apartments Northport is a Low-Income Housing Tax Credit apartment situated in Northport, AL. If you are in search of an affordable housing option, these rental apartments are supported by the LIHTC program which enforces rent and income restrictions. What is LIHTC? The LIHTC program offers incentives to builders and developers to provide affordable housing options to low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI), making it crucial to consider this factor as it may affect affordability for low-income individuals. Rental Rates and Affordability: While this apartment complex falls within the LIHTC program, it's important to note that it may still be unaffordable for some low-income individuals due to the AMI. It is advisable to check the current rental rates to determine if it aligns with your affordability criteria. Available Apartments: Wright Apartments Northport offers a total of 10 low-income apartments. However, it's important to be aware that most apartments tend to have waiting lists. We provide this listing to enable direct contact with the management at the provided number. You can inquire about the availability and eligibility criteria for residency. Tips for Low-Income Tax Credit Units: When considering renting LIHTC units, it is crucial to remember that the income of all adults residing in the apartment must be included and verified during the application process. For more details, feel free to call and inquire further. Conclusion: Wright Apartments Northport presents an affordable housing option supported by the LIHTC program. However, it's important to consider the AMI and rental rates to determine if it aligns with your affordability needs. Contact the management directly at the provided number to inquire about availability and eligibility requirements.