Pine Cone Apartments Tuscaloosa

About This Building

Affordable Housing Option at Pine Cone Apartments in Tuscaloosa, AL - Introduction: Discover the Low-Income Housing Tax Credit (LIHTC) supported Pine Cone Apartments, located in Tuscaloosa, AL. If you are searching for an affordable housing option, this apartment complex may be the perfect fit for you. - LIHTC Incentives: Builders and developers at Pine Cone Apartments are incentivized by the LIHTC to provide housing solutions to low-income individuals. Through this program, rental apartments offer applicable program rent and income restrictions to ensure affordability. - AMI and Rent: The maximum rent at Pine Cone Apartments is determined based on the Area Median Income (AMI). However, it's worth noting that for some low-income individuals, the AMI may still render this apartment financially unfeasible. We recommend checking the current rental rates to assess affordability. - Apartment Availability: Pine Cone Apartments houses a total of 48 low-income units. Given the high demand for affordable housing, waiting lists for these apartments are common. To explore your eligibility and apply for residency, feel free to contact them directly using the provided phone number. - Considerations for Application: It is essential to include and verify the income of all adults expected to reside at this apartment during the application process. For further information and clarification, reach out to the management for more details. - Tip: Discover LIHTC Units for Rent: Learn more about Low Income Tax Credit (LIHTC) units available for rent to broaden your search and access additional affordable housing options. We hope this information assists you in considering Pine Cone Apartments as a potential affordable housing solution. Contact them today for further details.