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Title: Affordable Housing Option at Fairmeadow Apartments Introduction: Fairmeadow Apartments, situated in Latta, SC, offers Low-Income Housing Tax Credit (LIHTC) apartments to individuals seeking affordable housing options. Supported by the LIHTC program, these rental apartments apply specific rent and income restrictions to ensure accessibility for low-income individuals. Incentives for Affordable Housing: The LIHTC program encourages builders and developers to create housing opportunities for low-income individuals by providing them with incentives. This initiative aims to address the housing needs of those in low-income brackets. Considerations for Affordability: It is important to note that the maximum rent charged at Fairmeadow Apartments is determined based on the Area Median Income (AMI). As a result, some low-income individuals may find the rent unaffordable due to the AMI levels. Prospective tenants are advised to check the current rental rates to assess affordability. Apartment Details: Fairmeadow Apartments comprises 24 one-bedroom units that cater specifically to those with low income. The layout of these apartments is tailored to provide comfortable living spaces for individuals or small families. Office Hours: For inquiries or further assistance, the office at Fairmeadow Apartments can be reached on Wednesdays from 8:00 am to 4:30 pm. Waiting List and Application: Given the high demand for affordable apartments, it is common for many properties to have waiting lists. We recommend directly contacting Fairmeadow Apartments through the provided phone number to inquire about potential application opportunities and qualifying criteria. Ensure Housing Accessibility: When looking for affordable housing alternatives, Fairmeadow Apartments's LIHTC support presents a potential solution. It is essential to gather all necessary information and explore the feasibility of residing in this community based on personal financial circumstances. Note: The revised text maintains the core information from the original but presents it in a different structure, order, and wording to create a distinct version.
605 N. Marion Street, Latta, SC 29565
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