Las Palmas Apartments La Feria

About This Building

Las Palmas Apartments La Feria: Affordable Housing Option with Low Income Tax Credit - Introduction: Las Palmas Apartments La Feria offers affordable housing options supported by the Low-Income Housing Tax Credit (LIHTC) in La Feria, TX. - Rent and Income Restrictions: These rental apartments are governed by the LIHTC program, which provides incentives to builders and developers to offer affordable housing to low-income individuals. The applicable rent and income restrictions are determined based on the Area Median Income (AMI). - Affordability Considerations: It is important to note that the AMI-based rent may still be unaffordable for individuals with low income. To determine affordability, please check the current rental rates and assess if they fit within your budget. - Number of Low Income Apartments: Las Palmas Apartments La Feria comprises a total of 36 low-income apartments. Due to the high demand for affordable housing, waiting lists for these apartments are common. - Applying for Residence: We provide this listing to facilitate direct contact with the management. You can reach out to them using the provided phone number to inquire about applying and qualifying to live in these apartments. - TIP: Understanding LIHTC Units: Learn more about Low-Income Tax Credit units available for rent and the eligibility criteria by contacting the management for further details. - Apartment Options: Las Palmas Apartments La Feria offers 1-bedroom and 2-bedroom apartments. Note: All adults expected to reside in the apartment must include and verify their income during the application process. For additional information, please call for more details.