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Affordable Housing Option in Davis, CA - Olive Court Davis Introduction: Olive Court Davis offers a Low-Income Housing Tax Credit apartment, providing an affordable housing option for those in need. Supported by the LIHTC program, these rental apartments come with specific rent and income restrictions. Incentives for Affordable Housing: The LIHTC program encourages builders and developers to contribute to the provision of affordable housing for low-income individuals. By participating in this program, Olive Court Davis ensures that the maximum rent charged is based on the Area Median Income (AMI), although it may still pose affordability challenges for some low-income households. Current Rental Rates: It is important to check the current rental rates to determine whether Olive Court Davis falls within your budget. Although the AMI can affect affordability, this information will assist you in making an informed decision. Ample Low-Income Housing Apartments: Olive Court Davis offers 24 low-income apartments, providing a decent range of options for those seeking an affordable housing solution. However, please note that waiting lists are common for most apartments in the current market. How to Apply: For those interested in applying to live at Olive Court Davis, we provide you with their direct contact number. By reaching out to them, you can inquire about the application process and determine whether you qualify. Key Consideration: Low Income Tax Credit Units for Rent: When applying to Olive Court Davis, it is crucial to include and verify the income of all adults who are expected to live in the apartment. This ensures compliance with the requirements of the LIHTC program. For further information, please call the provided contact number. Conclusion: Olive Court Davis stands as an affordable housing option supported by the LIHTC program in Davis, CA. With a range of low-income apartments available, it is worth exploring the possibility of residing in this community. Take the necessary steps to apply and determine if Olive Court Davis can meet your affordable housing needs.
1414 Olive Drive, Davis, CA 95616
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