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Affordable Housing Option in Renwick Square Senior Apartments, Elk Grove, CA - Supported by Low-Income Housing Tax Credit (LIHTC) Program Introduction: Renwick Square Senior Apartments in Elk Grove, CA, provides affordable housing options for those seeking a low-income housing solution. These rental apartments are supported by the LIHTC, which offers incentives to builders and developers to create housing opportunities for individuals with limited income. Rent and Income Restrictions: The LIHTC program sets specific rent and income restrictions for the residents, ensuring that the housing remains affordable. The maximum rent charge is determined based on the Area Median Income (AMI), which may pose challenges for some low-income individuals. It is crucial to check the current rental rates to determine affordability. Number of Apartments: Renwick Square offers a total of 148 low-income apartments. However, it is important to note that most apartments today have waiting lists due to high demand. Qualification and Application: To apply for residency at Renwick Square, individuals must meet certain criteria. Income verification for all adults planning to reside in the apartment is a mandatory requirement during the application process. For more detailed information about the application procedure, contact the provided phone number. Apartment Types: Renwick Square Senior Apartments offers a range of options to cater to various needs. These include: - 1 bedroom apartments at this location. - 2 bedroom apartments at this location. Conclusion: If you are in search of an affordable housing option in Elk Grove, consider Renwick Square Senior Apartments. Supported by the LIHTC program, this community aims to provide affordable housing solutions for individuals with low income. To explore the possibility of living here, contact them directly and inquire about the application process.
3227 Renwick Ave, Elk Grove, CA 95758
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