Segundo Terrace Compton

About This Building

Affordable Housing Option in Compton, CA - Introduction Segundo Terrace Compton offers low-income housing through the Low-Income Housing Tax Credit program. These rental apartments are designed to provide affordable housing options for individuals in need. - Rental Apartments Supported by LIHTC These apartments are supported by the LIHTC program, which encourages builders and developers to offer housing options for low-income individuals. Rent and income restrictions apply, ensuring that the apartments remain affordable for those who qualify. - Maximum Rent Based on AMI The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it's important to note that for some low-income individuals, the AMI may still make these apartments unaffordable. Checking the current rental rates will help determine if this option suits your budget. - 25 Low-Income Apartments Available Segundo Terrace Compton provides 25 low-income apartments, offering a limited, but valuable resource for individuals seeking affordable housing options. Due to the demand, waiting lists are common for such apartments. - Applying and Qualifying to Live Here To apply and determine if you qualify for these apartments, it is recommended to contact Segundo Terrace Compton directly at the provided number. Keep in mind that income from all adults who will reside in the apartment must be included and verified during the application process. Further details can be obtained by calling the given number. - Important Tip: LIHTC Units for Rent For a comprehensive understanding of Low-Income Tax Credit units available for rent, it is suggested to familiarize oneself with the LIHTC program. This knowledge may help in identifying further affordable housing opportunities. - Conclusion If you are searching for affordable housing in the Compton area, Segundo Terrace Compton might be a suitable option. By providing low-income apartments supported by the LIHTC program, this complex aims to offer housing options that are accessible to individuals in need. Contact them to learn more about availability and application procedures.