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Affordable Housing Option in Gallup, NM: Villa de Gallup II Apartments Introduction: Villa de Gallup II Apartments, a Low-Income Housing Tax Credit (LIHTC) apartment, offers affordable housing in Gallup, NM. Supported by the LIHTC program, these rental apartments have specific rent and income restrictions to assist low-income individuals and families. LIHTC Program: Developers and builders are incentivized by the LIHTC program to provide affordable housing to those with low income. As a result, the maximum rent charged is determined based on the Area Median Income (AMI). However, it is important to note that the AMI calculation may make this apartment unaffordable for some low-income individuals. Availability and Rental Rates: Villa de Gallup II Apartments consists of 52 two and three bedroom apartments designed for low-income households. Given the demand for such housing, there may be waiting lists in place. To determine affordability and eligibility, it is recommended to check the current rental rates offered by the complex. Application Process: If you are interested in residing at Villa de Gallup II Apartments, it is recommended to contact them directly using the provided contact number. Reach out to inquire about the application process and whether you meet the qualifications to live in this community. Conclusion: Villa de Gallup II Apartments in Gallup, NM stands as an affordable housing option through the LIHTC program. Consider checking the current rental rates and contacting the complex directly to explore the possibility of applying and qualifying for this opportunity.
333 Klagetoh Street, Gallup, NM 87301
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