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Sandhill Forest Melrose: Affordable Housing Option in FL LIHTC Rental Apartments: Supporting Low-Income Individuals Introduction: Sandhill Forest Melrose is a Low-Income Housing Tax Credit apartment located in Melrose, FL. Offering an affordable housing option, this community benefits from LIHTC support, ensuring program rent and income restrictions are in place. Incentive for Affordable Housing: The LIHTC program incentivizes builders and developers to provide housing options for low-income individuals. It promotes affordability by setting the maximum rent based on the Area Median Income (AMI). Considerations for Affordability: As AMI determines rent rates, it's important to assess whether this apartment meets your affordability requirements. While it aims to offer affordable housing, it may still pose some challenges for low-income individuals. Apartment Details: With a total of 16 low-income apartments available, this community caters to the needs of residents seeking affordable housing. However, it's essential to note that waiting lists are common in today's rental market. Application and Qualification: To apply and determine eligibility, direct contact with the apartment management is advised. All adult residents expected to reside at the apartment must include and verify their income during the application process. For more information, please call the provided number. Understanding LIHTC Units: For those seeking affordable rental options, it is crucial to familiarize yourself with LIHTC (Low Income Tax Credit) units. These units play a significant role in facilitating affordable housing opportunities. Conclusion: Sandhill Forest Melrose offers an affordable living space supported by the LIHTC program. By understanding the income restrictions and rental rates, you can determine whether this community suits your needs. Contact the apartment management directly for further details regarding the application process.
135 Richardson Ln, Melrose, FL 32666
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