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Affordable Housing Option in Balch Springs, TX - Spring Oaks Apartments Introduction: Spring Oaks Apartments Balch Springs offers a unique opportunity for those seeking affordable housing in the vibrant city of Balch Springs, TX. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments are specifically designed to meet the needs of low-income individuals and families. LIHTC Benefits: The LIHTC program incentivizes builders and developers to provide affordable housing options to those with low incomes. By participating in this program, Spring Oaks Apartments is able to offer rental rates that are based on the Area Median Income (AMI), ensuring affordability for qualified applicants. Potential Challenges: It is important to note that while Spring Oaks Apartments strives to provide affordable housing, the AMI-based rent may still pose challenges for some low-income individuals. We encourage you to check the current rental rates to determine if this option is within your budget. A Variety of Apartments: Spring Oaks Apartments offers a total of 128 low-income apartments, providing a range of options for potential residents. Whether you are looking for a cozy 1-bedroom apartment, a comfortable 2-bedroom unit, or a spacious 3-bedroom residence, Spring Oaks has a home that could meet your needs. Waiting Lists and Application Process: Like many popular housing options, Spring Oaks Apartments often receives high demand and may have a waiting list for available units. However, we provide the contact information for your convenience so you can directly inquire about the application process and determine if you qualify to live in this community. Office Hours: To further assist you, our office operates Monday to Friday from 8:30 AM to 5:30 PM. Unfortunately, we are closed on weekends, but our friendly staff will be happy to address any questions or concerns during our office hours. Understanding LIHTC Units: It is crucial to comprehend the requirements of the Low-Income Housing Tax Credit (LIHTC) program when considering these rental units. All adults expected to reside in the apartment must include and verify their income at the time of application. For more detailed information on eligibility, please contact our office. Conclusion: Spring Oaks Apartments Balch Springs offers affordable housing options through the LIHTC program, aiming to assist low-income individuals and families in finding a comfortable home. With a variety of apartments available and an application process in place, we encourage you to reach out and explore the possibilities of joining our community.
4317 Shepherd Ln, Balch Springs, TX 75180
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