Villa Marina Apartments

About This Building

Affordable Housing Option in Oxnard, CA - Villa Marina Apartments Providing Support for Low-Income Individuals Villa Marina Apartments in Oxnard, CA offers a Low-Income Housing Tax Credit program for individuals seeking affordable housing. These rental apartments are backed by the LIHTC, which imposes rent and income restrictions to aid low-income individuals. Builders and developers are incentivized to contribute to the provision of affordable housing under the LIHTC. AMI-Based Rent Calculation The maximum rent charged at Villa Marina Apartments is determined by the Area Median Income (AMI). However, it's important to note that this AMI-based calculation may render the apartment unaffordable for low-income individuals. To gauge affordability, it is advisable to check the current rental rates before making a decision. 53 Low-Income Apartments Available Villa Marina Apartments offers a total of 53 low-income apartments. Given the high demand for affordable housing, it is not uncommon for apartments to have waiting lists. You can get in touch directly with the apartment management using the provided contact number to inquire about the application process and eligibility criteria. Structuring the Apartment Options - 1 Bedroom Apartments at Location - 3 Bedroom Apartments at Location - 4 Bedroom Apartments at Location Considerations for Application To apply for residency at Villa Marina Apartments, it is crucial to include and verify the income of all adults expected to reside in the apartment. For more information and specific requirements, do not hesitate to call and inquire about the details. Enhancing Accessibility Through LIHTC Understanding the Benefits of Low Income Tax Credit (LIHTC) Units for Rent In order to improve accessibility to affordable housing, the LIHTC program plays a significant role. Through this tax credit initiative, low-income individuals are provided with opportunities to secure housing, creating a more inclusive community.