Wet Net Villas Apartments

About This Building

Available Apartments at Wet Net Villas: - Total number of apartments: 36 - All apartments are classified as low income - Some apartments designated for seniors - Some apartments suitable for families Affordable Housing through Section 42: Wet Net Villas Apartments offers affordable housing options through Section 42. This program provides tax credits to landlords who rent to low-income tenants. The rents of these apartments are determined based on the average income and utility costs in the area. To ensure accessibility, at least one-fifth of the apartments have reduced rates for eligible tenants. Assistance for Moderate Incomes: This program aims to assist individuals with moderate incomes in finding affordable housing. While the rents are lower than the market rates, tenants are responsible for paying the full rent. Eligibility for the program is not solely determined by individual income, but rather by the income limit set for the specific area. To qualify, your household income must be below this limit. Important Information: Waiting Lists: Please note that most low-income apartments have waiting lists, some of which can take years to be called for openings. To enhance your chances, it is recommended to get on multiple waiting lists. Direct Contact Information: For apartments with current openings or open waiting lists, we provide phone numbers and websites. Feel free to contact the apartments directly for further details. Apartment Rates: On many listing pages, you can find the current apartment rates. However, most HUD listings do not have published rates. These rates are usually determined by calculating 30% of the renter's adjustable gross income. To determine if you qualify for income-based rent, please contact the apartments directly.