Hunter's Run Apartments

About This Building

Hunter's Run Apartments: Affordable Housing Option in Newton, IA Affordable and Supported by LIHTC Hunter's Run Apartments offers a low-income housing tax credit (LIHTC) option for those seeking affordable housing in Newton, IA. This program ensures that rental apartments are accessible to individuals with limited income, as they are supported by LIHTC with applicable rent and income restrictions. Providing Incentives for Affordable Housing The LIHTC program encourages builders and developers to contribute to the availability of affordable housing for low-income individuals. By offering incentives, it aims to address the housing needs of those in the community who may struggle to find affordable options. Based on Area Median Income (AMI) To ensure affordability, the maximum rent charged at Hunter's Run Apartments is determined by the Area Median Income (AMI). However, it is important to note that this AMI calculation can still make the apartment unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if it meets your affordability criteria. 72 Low-Income Apartments Available With a total of 72 low-income apartments at Hunter's Run, the complex offers a significant number of units to accommodate those in need of affordable housing. However, it is essential to keep in mind that demand for such apartments is often high, leading to waiting lists in many cases. Applying and Qualifying If you are interested in applying for a low-income apartment at Hunter's Run, we encourage you to contact them directly using the provided phone number. They will be able to provide further information about the application process and assess your eligibility to live here. By structuring the text using these headings, we have provided a different rendition while retaining the essential information from the original text.