Pinehurst Villas Opelika

About This Building

Opelika's Pinehurst Villas: Affordable Housing Option Supported by LIHTC Introduction: Pinehurst Villas Opelika, situated in Opelika, AL, presents a promising Low-Income Housing Tax Credit apartment. If you are seeking an affordable housing alternative, these rental apartments are built with the support of the LIHTC program, incorporating rent and income restrictions accordingly. Providing Affordable Housing: The LIHTC program acts as an incentive for builders and developers to offer reasonably priced accommodations to individuals with low incomes. The maximum rent is determined based on the Area Median Income (AMI). It is important to note, however, that this AMI threshold may still render the apartment unaffordable to low-income individuals. Consequently, we advise checking the current rental rates to determine affordability. Abundance of Apartments: With a total of 104 low-income apartments available, Pinehurst Villas assures a variety of options for potential residents. However, it is advisable to be aware that there may be waiting lists due to high demand. Applying and Qualifying: To learn more about the application process and determine eligibility, we recommend contacting Pinehurst Villas directly using the provided number. Keep in mind that all expected adults residing in the apartment must disclose and verify their income during the application submission. Conclusion: If you are hunting for affordable housing, Pinehurst Villas Opelika, backed by the LIHTC program, offers a promising solution. By understanding the intricacies of this program, you can make an informed decision based on your financial capabilities.