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Affordable Housing Option in Kerrville, TX: Heritage Oaks Apartments Introduction: Located in Kerrville, Texas, Heritage Oaks Apartments offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. If you are in search of affordable housing, these rental apartments might be the perfect fit for you. LIHTC and Income Restrictions: Supported by the LIHTC program, these apartments come with applicable rent and income restrictions. The LIHTC program incentivizes builders and developers to provide affordable housing options for individuals with low incomes. As a result, the maximum rent charged is determined based on the Area Median Income (AMI). However, it is important to note that this might make the apartment unaffordable for some low-income individuals. Current Rental Rates: To determine if Heritage Oaks Apartments aligns with your affordability criteria, it is recommended to check the current rental rates. Keep in mind that the AMI might affect the affordability of the apartment. Therefore, it is essential to review the rates before making a decision. Number of Apartments and Waiting Lists: Heritage Oaks Apartments comprises 76 low-income units. Due to the high demand for affordable housing, it is common for apartments to have waiting lists. However, we provide the contact information for direct communication with the management. Feel free to reach out and inquire about the possibility of applying and qualifying to live in this community. Tips for Rental Application: When applying for this apartment, it is crucial to include and verify the income from all adults expected to reside in the unit. For further details regarding the application process, please contact the management. Conclusion: Heritage Oaks Apartments in Kerrville, Texas, is a promising option for those seeking affordable housing. Through the LIHTC program, this community aims to provide a secure living space for individuals with low incomes. Take advantage of the provided contact information and gather more information to determine if this apartment aligns with your needs and budget.
2350 Junction Hwy, Kerrville, TX 78028
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