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Affordable Housing Option in Lancaster, TX - Introduction: Villas Of Lancaster is a Low-Income Housing Tax Credit apartment situated in Lancaster, TX. If you are in search of an affordable housing solution, these rental apartments are supported by the LIHTC and are subject to program rent and income restrictions. - LIHTC Incentives: The LIHTC program incentivizes builders and developers to provide housing for low-income individuals. As per the AMI (Area Median Income), the maximum rent charged is determined. However, due to this AMI, the apartment may still be unaffordable for some low-income persons. It is essential to check the current rental rates to evaluate affordability. - Number of Apartments: Villas Of Lancaster accommodates a total of 142 low-income apartments. Given the high demand for affordable housing, most apartments maintain waiting lists. - Application Process: To determine if you qualify and can apply to live here, we provide the contact information below. Feel free to contact the management directly for more details and to inquire about the application procedure. - TIP: Low Income Tax Credit Units: It is crucial to be aware of the Low Income Tax Credit (LIHTC) units available for rent. To apply, the income of all the anticipated apartment residents must be included and verified during the application process. For further details, please reach out to the management. By dividing the text into headings, the information is present in a more organized and structured manner, providing clarity for the reader.
2531 W Pleasant Run Rd, Lancaster, TX 75146
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