Alice Court Apartments - CA

About This Building

Affordable Housing Option in Laguna Beach: Alice Court Apartments Introduction: Discover an ideal low-income housing option at Alice Court Apartments, situated in the beautiful locale of Laguna Beach, CA. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments offer a financially viable solution for those seeking affordable housing. However, it's essential to consider the applicable program rent and income restrictions. Read on to learn more about this opportunity. Benefits of LIHTC: The LIHTC program grants builders and developers incentives to create affordable housing options for low-income individuals. By participating in this program, Alice Court Apartments can offer reduced rental rates based on the Area Median Income (AMI) of the region. It's important to note that the maximum rent charged may still pose challenges for some low-income individuals due to AMI restrictions. Determining Affordability: Before making a decision, it is crucial to assess the current rental rates to determine if Alice Court Apartments are within your means. Though this option may not be affordable for all low-income individuals, understanding the rental rates can help you make an informed choice. 26 Low Income Apartments: Alice Court Apartments feature 26 low-income apartments, allowing for a diverse community within the complex. Given the scarcity of affordable housing, it is common for apartments to have waiting lists. Access to this listing empowers you to directly contact the management team and inquire about the possibility of applying and qualifying for residency. Key Considerations: When applying for residency, it's important to note that income from all adults expected to reside at the apartment must be included and verified at the time of application. For further details regarding eligibility and the application process, please contact the provided phone number. Conclusion: Alice Court Apartments in Laguna Beach, CA, offer an excellent opportunity for those seeking affordable housing. Through the LIHTC program, these apartments provide reduced rental rates, targeting low-income individuals. By understanding the rental rates and eligibility requirements, you can determine if Alice Court Apartments suit your financial circumstances. Don't hesitate to contact the management team for more information and take the first step towards securing an affordable home.