Salerno Village Stuart

About This Building

Affordable Housing Option in Stuart, FL: Salerno Village Stuart Introduction: Salerno Village Stuart offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments have specific rent and income restrictions to make them accessible to individuals seeking affordable housing. Incentives for Affordable Housing: Builders and developers are encouraged to participate in the LIHTC program, as it provides them with incentives to create housing options for those with low incomes. By offering affordable housing options, the program aims to support low-income individuals and families in finding suitable accommodation. Rent Based on Area Median Income: The maximum rent for Salerno Village Stuart is determined by the Area Median Income (AMI). It is important to note that, due to the AMI calculation, this apartment may still be unaffordable for some low-income individuals. We recommend checking the current rental rates to determine affordability. Available Low-Income Apartments: Salerno Village Stuart offers 42 low-income apartments for individuals in need. However, it is common for such apartments to have waiting lists due to high demand. We provide the contact information so that you may directly inquire about availability and eligibility. Understanding LIHTC Units: Low-Income Tax Credit (LIHTC) units are specifically designed to cater to individuals with low incomes. When applying for this apartment, it is mandatory to include and verify the income details of all adult occupants. For further details, please contact the provided number. Conclusion: Salerno Village Stuart in Stuart, FL, provides an affordable housing option through the LIHTC program. It is crucial to understand the income and rent restrictions based on the AMI. Contact Salerno Village Stuart directly to inquire about availability and eligibility.