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Affordable Housing Option in Yazoo City, MS - Willow Wood Apartments Supported by Low-Income Housing Tax Credit (LIHTC) Program Incentives for Affordable Housing Willow Wood Apartments, located in Yazoo City, MS, is a Low-Income Housing Tax Credit apartment complex offering affordable rental options. Supported by the LIHTC program, these apartments follow applicable rent and income restrictions, ensuring affordability for low-income individuals and families. The LIHTC program provides incentives to builders and developers, emphasizing the importance of affordable housing for those with limited means. Rent Based on Area Median Income To maintain affordability, the maximum rent charged at Willow Wood Apartments is determined based on the Area Median Income (AMI). Although it might still be unaffordable for some low-income individuals due to the AMI, it is important to check the current rental rates to assess affordability. 48 Low Income Units Available With 48 low-income apartments available, Willow Wood Apartments presents a valuable opportunity for those seeking affordable housing. However, it is important to note that demand for such apartments is generally high, often resulting in waiting lists. To explore the possibility of living here, you can directly contact the management using the provided number, allowing you to inquire about the availability and application process. HUD Subsidies Accepted Willow Wood Apartments accepts Housing and Urban Development (HUD) subsidies, adding another layer of affordability for eligible individuals. If you qualify for low-income housing and there are available apartments, the rent is based on 30% of your Adjusted Gross Income. For further details on this option, do not hesitate to call. Apartment Options: - 1 Bedroom Apartments at Location - 2 Bedroom Apartments at Location - 3 Bedroom Apartments at Location - 4 Bedroom Apartments at Location
925 Grady Ave, Yazoo City, MS 39194
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