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Affordable Housing Option at Stoddert Place Pensacola, FL Overview: Stoddert Place Pensacola offers Low-Income Housing Tax Credit (LIHTC) apartments in Pensacola, FL. These rental apartments are specifically designed to provide affordable housing options to low-income individuals and families. However, it is important to note that certain rent and income restrictions apply under the LIHTC program. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to construct affordable housing for low-income individuals. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). Nonetheless, it is crucial to bear in mind that some individuals with low income may still find the rent unaffordable due to the AMI criteria. We recommend checking the current rental rates to determine if this option suits your financial means. Available Units: At Stoddert Place Pensacola, there are 252 low-income apartments available for occupation. As the demand for affordable housing is typically high, it is common for these apartments to have waiting lists. Therefore, we provide you with the contact information below, enabling you to directly inquire about the application process and gauge your eligibility. Applying for LIHTC Units: To apply for these LIHTC units, it is essential to include and verify the income of all expected adult residents. Please contact the phone number provided for more detailed information regarding the application process. Apartment Options: 1. One-Bedroom Apartments 2. Two-Bedroom Apartments 3. Three-Bedroom Apartments We hope this information assists you in seeking an affordable housing solution.
150 Tiger Lily Dr, Pensacola, FL 32506
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