Harmony Terrace Simi Valley

About This Building

Harmony Terrace Simi Valley: Offering Affordable Housing Options Supported by LIHTC Location: Simi Valley, CA Introduction: Harmony Terrace Simi Valley is a Low-Income Housing Tax Credit apartment complex situated in Simi Valley, CA. This housing option provides an affordable solution for individuals in need of low-income housing, as it is supported by the LIHTC program. The program sets rental rates and income restrictions to ensure accessibility for those who qualify. Affordable Housing Incentives: Through the LIHTC program, builders and developers are incentivized to create affordable housing options for individuals with low incomes. The maximum rent charged is determined based on the AMI, or Area Median Income. However, it is important to note that for some low-income individuals, this apartment may still be unaffordable due to the AMI restrictions. To determine affordability, please check the current rental rates. Large Availability of Low-Income Apartments: Harmony Terrace Simi Valley offers a total of 134 low-income apartments, providing a significant number of opportunities for individuals seeking affordable housing. Given the high demand for such housing, waiting lists are common in most complexes. However, we provide direct contact information so you can reach out to them directly to inquire about the availability of units and to determine if you meet the qualifications for residency. Apartment Details: At Harmony Terrace Simi Valley, you can find both one and two bedroom apartments. The number of bedrooms available depends on your specific needs and preferences. Application Process: To apply for residency, please note that the income of all adults expected to live in the apartment must be included and verified at the time of application. For more detailed information or to initiate the application process, please contact the provided number. Conclusion: Harmony Terrace Simi Valley offers an affordable living option through the LIHTC program. With its 134 low-income apartments, this complex presents a remarkable opportunity for individuals in need of affordable housing. To determine eligibility and application details, please reach out directly using the contact information provided.