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Affordable Housing Option in Hondo, TX Introduction: Tuscany Court Hondo: A Low-Income Housing Tax Credit Apartment Affordable Rental Apartments: Looking for a budget-friendly housing solution? Tuscany Court Hondo offers an excellent option. These rental apartments are supported by the LIHTC program, ensuring affordability for eligible individuals. Rent and Income Restrictions: Thanks to the LIHTC program, these apartments are subject to program rent and income restrictions. Builders and developers are incentivized to provide housing for low-income individuals, making it accessible and affordable. AMI-based Rent: The maximum rent charged is based on the Area Median Income (AMI). However, it's essential to note that this AMI can still make the apartment unaffordable for some low-income individuals. Verify the current rental rates to determine affordability. Number of Apartments: Tuscany Court Hondo houses a total of 72 low-income apartments. Given the high demand for affordable housing, waiting lists may be in place. Application and Qualification: To inquire about availability and eligibility, feel free to contact the provided number directly. It is crucial to include and verify income from all adults expected to reside in the apartment during the application process. Conclusion: Understanding the LIHTC Program: Get acquainted with the Low-Income Housing Tax Credit (LIHTC) program, which encourages the development of affordable housing options for low-income individuals. For more details, call the provided number.
2208 14th St, Hondo, TX 78861
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