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Affordable Housing Option in Santa Cruz, CA: St. Stephens Senior Housing Introduction: St. Stephens Senior Housing offers Low-Income Housing Tax Credit (LIHTC) apartments for those seeking an affordable housing option in Santa Cruz, CA. These rental apartments are supported by the LIHTC program, which entails rent and income restrictions. LIHTC Incentives: The LIHTC program provides incentives to builders and developers to ensure the provision of affordable housing for low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI), which may render this apartment unaffordable for some low-income individuals. Rental Rates: To determine affordability, it is crucial to consider the current rental rates. Depending on your income, this apartment may or may not fall within your budget. Apartment Details: St. Stephens Senior Housing consists of 39 one and two bedroom apartments, specifically designed for low-income individuals. Waiting Lists: It is important to note that many apartments nowadays have waiting lists. Therefore, contacting St. Stephens Senior Housing directly at the provided number will enable you to inquire about the application process and determine if you qualify to live in this community.
2510 Soquel Avenue, Santa Cruz, CA 95062
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