Magnolia Walks Apartments

About This Building

Affordable Housing Option in Ocala, FL - Magnolia Walk, Phase II - Low-Income Housing Tax Credit (LIHTC) Supported Apartments Looking for a cost-effective housing solution? Magnolia Walk, Phase II in Ocala, FL is a rental apartment complex supported by the LIHTC program, which provides tax credits to builders and developers who offer affordable housing to low-income individuals. - Rent and Income Restrictions These rental apartments have program rent and income restrictions set by the LIHTC. The maximum rent charged is based on the Area Median Income (AMI). However, please note that due to AMI considerations, this apartment might still be unaffordable for low-income individuals. Check the current rental rates to determine affordability for you. - 144 Low Income Apartments Magnolia Walk, Phase II offers a total of 144 low-income apartments. As demand for such apartments is high, waiting lists are common in most cases. - Applying and Qualifying To explore the possibility of living in Magnolia Walk, Phase II, we recommend contacting the management directly using the provided phone number. They can provide you with details on how to apply and ensure you meet the qualifying criteria. - Tips on Low Income Tax Credit (LIHTC) Units Considering LIHTC units for rent? It's important to note that the income of all adults who will be residing in the apartment must be included and verified during the application process. For more information, feel free to call and inquire about the specific requirements. - Apartment Options Available Magnolia Walk, Phase II offers both 1 bedroom and 2 bedroom apartments. Contact the management for more details and to discuss the availability of each option.