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Title: Affordable Housing Option at The Oaks at Silver Ridge Introduction: Discover an affordable housing solution at The Oaks at Silver Ridge, a Low-Income Housing Tax Credit apartment situated in High Point, NC. Supported by the LIHTC program, these rental apartments offer applicable rent and income restrictions, making them an ideal choice for those seeking affordable housing options. Incentives for Affordable Housing: Builders and developers are incentivized through the LIHTC program to provide housing options for low-income individuals. This initiative ensures that maximum rent charges are based on the Area Median Income (AMI), enabling affordability for those with limited resources. However, it's important to note that depending on AMI levels, this apartment may still be unaffordable for some low-income individuals. Checking Affordability: To determine if The Oaks at Silver Ridge aligns with your budget, we recommend checking the current rental rates. While the AMI guidelines play a role, it's crucial to consider the competitive nature of the rental market and individual financial circumstances. Variety of Apartments: The Oaks at Silver Ridge offers a diverse selection of 100 low-income one, two, and three-bedroom apartments. This variety ensures that individuals and families can find an accommodation that suits their specific needs. Office Hours and Inquiries: Office hours at The Oaks at Silver Ridge are as follows: - Monday to Friday: 8 am - 5 pm As apartments often have waiting lists, we provide direct contact information. Feel free to reach out to The Oaks at Silver Ridge directly using the provided phone number. They can guide you through the application process and determine if you qualify to live in this community.
2926 East Martin Luther King Jr. Drive, High Point, NC 27260
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