Alvarado Seniors Apartments Alvarado

About This Building

Alvarado Seniors Apartments: Affordable Housing Option in Alvarado, TX Introduction: - Located in Alvarado, TX, Alvarado Seniors Apartments offer Low-Income Housing Tax Credit (LIHTC) supported rental apartments. - This housing option is ideal for those seeking affordable accommodation, as it abides by the LIHTC program's rent and income restrictions. Incentives for Affordable Housing: - The LIHTC program incentivizes builders and developers to provide housing options for low-income individuals. - Under this program, the maximum rent charged is determined based on the Area Median Income (AMI). Considerations for Low-Income Individuals: - Due to the AMI criteria, this apartment may still pose affordability challenges for low-income persons. - To determine affordability, it is recommended to check the current rental rates applicable to this apartment. Availability and Application Process: - Alvarado Seniors Apartments comprise 24 low-income apartments; however, waiting lists are common in many complexes. - Contact the complex directly using the provided number to inquire about applying and qualifying to live here. Important Reminder: LIHTC Units for Rent: - When applying for this apartment, it is essential to include and verify the income of all adult residents in the household. - For more information and detailed requirements, please call to speak with a representative.