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Affordable Housing Option in Evansville, IN: Vision 1505 Apartments Looking for an affordable place to live? Vision 1505 Apartments, situated in Evansville, IN, offers low-income housing options supported by the Low-Income Housing Tax Credit (LIHTC) program. Designed to provide housing solutions for individuals with limited financial resources, these rental apartments come with specific rent and income restrictions applicable under the LIHTC program. Incentivizing builders and developers, the LIHTC program aims to ensure the availability of affordable housing options for low-income individuals. However, it is important to note that the maximum rent charged is determined based on the Area Median Income (AMI), which may still render this apartment unaffordable for certain low-income individuals. To determine affordability, please check the current rental rates provided. With a total of 32 one, two, and three-bedroom apartments, Vision 1505 Apartments cater to the needs of low-income individuals seeking suitable housing. It is worth mentioning that there may be waiting lists for such apartments in the current market. To discuss your eligibility and submit an application, please feel free to contact the apartment management directly using the contact number provided. Affordable Housing Option: Vision 1505 Apartments - Evansville, IN Supported by the Low-Income Housing Tax Credit (LIHTC) program Rent and Income Restrictions: LIHTC program provides applicable rent and income restrictions based on eligibility Considerations: Maximum rent is determined by the Area Median Income (AMI) Affordability may vary for low-income individuals based on AMI Apartment Features: - 32 low income one, two, and three-bedroom apartments available Application Process: Please contact the apartment management directly to discuss eligibility and application submission. By providing these details, we aim to assist you in exploring the possibility of applying for and qualifying to live at Vision 1505 Apartments.
1505 N.W. Third Avenue, Evansville, IN 47710
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