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Affordable Housing Option at Union City Apartments in TN Supporting Low-Income Housing with Tax Credits Looking for an affordable housing option? Look no further! Union City Apartments, conveniently situated in Union City, TN, is a Low-Income Housing Tax Credit (LIHTC) apartment complex. These rental apartments are backed by the LIHTC program, meaning they have rent and income restrictions that cater specifically to low-income individuals. Incentivizing Affordable Housing for Low-Income Individuals The LIHTC program encourages builders and developers to provide affordable housing for low-income individuals. The maximum rent charged is determined by the Area Median Income (AMI) and is intended to make it financially manageable for those in need. However, it is important to note that the AMI may make this apartment complex unaffordable for some low-income individuals. Make sure to check the current rental rates to see if it fits your affordability criteria. 48 Low-Income Apartments Available Union City Apartments offers a total of 48 low-income apartments, ranging from one to two bedrooms. Given the high demand for affordable housing, there might be a waiting list for these apartments. To explore the possibility of applying and qualifying to live here, simply reach out to them directly using the provided contact number. Accepting HUD Subsidies for Affordable Living Good news for those in need of HUD subsidies! This apartment complex accepts HUD subsidies, making it an even more viable option for low-income individuals. If you qualify for low-income housing and there are available apartments, the rent is based on a percentage (30%) of your Adjusted Gross Income. Contact them for further details. Apartment Options: - 1 bedroom apartments at Union City Apartments - 2 bedroom apartments at Union City Apartments Take advantage of the headings provided to easily navigate through the text and find the specific information you seek.
2810 Lynn St, Union City, TN 38261
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