Cherry Tree Apartments , Phase Ii Palatka

About This Building

Affordable Housing Option in Palatka, FL: Cherry Tree Apartments - Low-Income Housing Tax Credit (LIHTC) Supported Rental Apartments - Income and Rent Restrictions Apply Welcome to Cherry Tree Apartments Phase II, a low-income housing community located in Palatka, FL. If you are searching for an affordable housing option, our rental apartments are backed by the LIHTC program, ensuring that qualified individuals can access housing at affordable rates. The LIHTC program offers incentives to builders and developers, encouraging the provision of housing for low-income individuals. The maximum rent charged is based on the Area Median Income (AMI), which may still render this apartment unaffordable for those with low incomes. We recommend checking the current rental rates to determine if this housing option suits your budget. At Cherry Tree Apartments, we have 36 low-income apartments available. However, like many apartments today, there may be a waiting list. We are providing this listing to give you direct contact information, allowing you to inquire about the application process and your eligibility to reside here. TIP: Familiarize Yourself with Low-Income Tax Credit (LIHTC) Units for Rent Please note that when applying, the income of all adults who will be residing in the apartment must be included and verified. For more details, kindly reach out to us. We offer 1-bedroom apartments and 2-bedroom apartments at this location. Take a look at these options and choose the one that suits your needs best.