Bienvivir Parkside Senior Community El Paso

About This Building

Affordable Senior Living in Bienvivir Parkside Community – Eligibility and Rental Information Location: El Paso, TX Introduction: Bienvivir Parkside Senior Community in El Paso offers affordable housing options through the Low-Income Housing Tax Credit (LIHTC) program. If you are searching for an affordable place to call home, these rental apartments might be the perfect fit for you. Income and Rent Restrictions: Supported by the LIHTC, these apartments have rent and income restrictions in place. The LIHTC program aims to encourage builders and developers to provide housing options that are affordable for low-income individuals or families. The maximum rent is determined based on the Area Median Income (AMI). However, please note that the AMI may still render this apartment unaffordable for low-income individuals. It is advisable to check the current rental rates to determine if they are within your budget. Apartment Details: - Number of Low-Income Apartments: 56 - Waiting Lists: Like many other apartments, there may be waiting lists for availability. - Application Process: Contact the community directly using the provided number to inquire about applying and qualifying to live here. Consideration: When applying, please ensure that the income of all adults expected to reside in the apartment is included and verified at the time of application. This helps determine eligibility and suitability. For more information: Call now for further details on eligibility, rental rates, and any other inquiries you may have. Note: Understanding the Low-Income Tax Credit (LIHTC) Units for Rent: To fully comprehend the benefits and limitations of the LIHTC program, it is essential to research and gain a thorough understanding.