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Affordable Housing Option in Austin: Waters At Willow Run Apartments Introduction: Waters At Willow Run Apartments in Austin, TX, offers low-income housing through the Low-Income Housing Tax Credit (LIHTC) program. If you are seeking an affordable place to live, these rental apartments are supported by LIHTC, ensuring program rent and income restrictions apply. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to create housing options for individuals with low income. By offering these incentives, Waters At Willow Run Apartments contribute to the community's affordable housing needs. Rent Based on Area Median Income: To ensure affordability, the maximum rent charged at Waters At Willow Run Apartments is determined by the Area Median Income (AMI). However, it's important to note that this AMI may still make the apartment unaffordable for low-income individuals. We recommend checking the current rental rates to assess affordability. 242 Low-Income Apartments Available: Waters At Willow Run Apartments consist of a total of 242 low-income apartments. As demand for affordable housing is high, many apartments often have waiting lists. We provide their contact information so you can directly inquire about availability and eligibility. Applying for LIHTC Units: When applying to reside at Waters At Willow Run Apartments, ensure that the combined income of all adults expected to live there is included and verified during the application process. For more details, we encourage you to contact the apartment management. Conclusion: Affordable housing options like Waters At Willow Run Apartments play a vital role in providing low-income individuals with a place to call home. By participating in the LIHTC program, these apartments contribute to the community's efforts to address the need for affordable housing. Reach out to them directly for more information and to determine your eligibility for a LIHTC unit.
15433 Fm 1325, Austin, TX 78728
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