Regency Court Monrovia

About This Building

Regency Court Monrovia: Affordable Housing Option in Monrovia, CA Introduction: Regency Court Monrovia offers Low-Income Housing Tax Credit apartments, providing an affordable housing option for those in need of assistance. These rental apartments are supported by the LIHTC program, which applies certain rent and income restrictions. Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to create affordable housing options for individuals with low income. It ensures that the maximum rent charged is based on the Area Median Income (AMI), guaranteeing affordability to some extent. However, the AMI might still render this apartment unaffordable for some low-income individuals. Checking Affordability: To determine whether Regency Court Monrovia is affordable for you, it is advisable to check the current rental rates. Keep in mind that there are 115 low-income apartments available, but waiting lists are common. Directly contacting the management at the provided number will help you ascertain your eligibility and application process. Community Amenities: Regency Court Monrovia offers various amenities to enhance your living experience. These include a spa/hot tub, pool, laundry facilities, covered parking, clubhouse, gate access, and scenic views. The apartments themselves are equipped with window coverings, skylights, handrails, patio/balcony, air conditioner, carport, courtyard, disposal, sewer access, scenic views, refrigerator, trash facilities, and vaulted ceilings. Office Hours and Additional Information: The office hours are from Monday to Friday, 8:00AM-4:30PM. It's essential to note that applications for LIHTC units require including and verifying the income of all adults who will be residing in the apartment. For more details, please call the management.