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Affordable Housing Option in Abilene, TX: Riviera Complex Introduction: Riviera Complex in Abilene, TX, offers a low-income housing tax credit apartment for individuals seeking affordable housing options. Supported by LIHTC, these rental apartments adhere to program rent and income restrictions, making them an excellent choice for those with limited financial resources. LIHTC and Affordable Housing: LIHTC incentivizes builders and developers to create affordable housing options for individuals with low incomes. The maximum rent charged is determined based on the Area Median Income (AMI), ensuring accessibility for low-income persons. However, it is important to note that some individuals may still find the apartment unaffordable due to the AMI requirements. Apartment Information: Riviera Complex consists of 38 two, three, and four bedroom apartments specifically designed for low-income individuals. As the demand for affordable housing is high, there might be waiting lists in place. Please contact the management directly using the provided contact number to inquire about the application process and determine if you qualify for residency. Conclusion: If you are in search of affordable housing solutions, Riviera Complex in Abilene, TX, presents an opportunity to benefit from LIHTC-supported rental apartments. Take into account the current rental rates and your financial circumstances to ascertain the affordability of this option.
3001 N. 6th St., Abilene, TX 79603
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