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Affordable Housing Option in Salem, MO with Low-Income Housing Tax Credit Support Introduction: Discover South Wind Apartments, a promising housing solution providing affordable options for individuals in Salem, MO. Supported by the esteemed Low-Income Housing Tax Credit (LIHTC) program, these rental apartments ensure suitable accommodations for those facing financial constraints. LIHTC Benefits and Criteria: The LIHTC program offers incentives to builders and developers to construct housing options that cater specifically to the needs of low-income individuals. To maintain affordability, the rental charges are determined based on the Area Median Income (AMI), thereby ensuring fairness and accessibility. However, it should be noted that depending on the AMI, this apartment may still pose financial challenges to low-income individuals. Hence, we recommend checking the current rental rates to determine affordability. Apartment Details: South Wind Apartments offers 32 one and two-bedroom apartments designed specifically for low-income residents. With an extensive range of options, there is sure to be an apartment suitable for your needs. Considerations: Considering the high demand for affordable apartments in modern times, it is common for waiting lists to be in place. To explore the possibilities of applying and qualifying for a residency at South Wind Apartments, we encourage you to directly contact the management at the provided number. Apartment Options: - 1 Bedroom Apartments: Explore our range of comfortable one-bedroom apartments tailored to fit your needs. - 2 Bedroom Apartments: Discover spacious two-bedroom apartments, perfect for individuals or small families seeking affordable housing in Salem, MO. Conclusion: In summary, South Wind Apartments in Salem, MO is a commendable housing option supported by the LIHTC program. With their dedication to providing practical accommodations for low-income individuals, these apartments serve as a beacon of hope for those seeking affordable housing solutions in the area. Contact the management today to inquire about availability and eligibility criteria.
1601 Odom Dr, Salem, MO 65560
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