Stone Hollow Village Lubbock

About This Building

Stone Hollow Village Lubbock: Affordable Housing Option in Lubbock, TX Introduction: Stone Hollow Village Lubbock is a low-income housing tax credit apartment complex located in Lubbock, TX. It offers affordable rental apartments that are supported by the LIHTC program, which imposes rent and income restrictions for eligible individuals. LIHTC Program: The LIHTC program encourages builders and developers to offer affordable housing options for low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI), which can sometimes make these apartments unaffordable for those with low income. It is recommended to check the current rental rates to assess affordability. Number of Apartments: Stone Hollow Village Lubbock provides a total of 112 low-income apartments. Due to the increasing demand for affordable housing, many apartments have waiting lists. Applying for Housing: To apply and determine eligibility for residency, you can contact Stone Hollow Village Lubbock directly using the provided phone number. It is essential to note that the income of all adults expected to reside at the apartment must be included and verified during the application process. For more details, please call. Apartment Options: Stone Hollow Village Lubbock offers apartments in various sizes: - 1 Bedroom Apartments: Available at this location - 2 Bedroom Apartments: Available at this location - 3 Bedroom Apartments: Available at this location Conclusion: If you are seeking affordable housing in Lubbock, Stone Hollow Village provides a potential solution. Remember to consider the LIHTC program's rent and income restrictions and check the current rental rates for affordability. Contact Stone Hollow Village Lubbock directly for further information and to apply for residency.