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Affordable Housing Option in Magnolia, TX: Magnolia Trails Supporting Low-Income Individuals: LIHTC Apartments - Location: Magnolia, TX - Magnolia Trails is a Low-Income Housing Tax Credit (LIHTC) apartment complex that provides affordable housing options. - The LIHTC program offers incentives to builders and developers, enabling them to offer housing for low-income individuals. - Maximum rent is determined based on the Area Median Income (AMI). - Please note that this apartment may still be unaffordable for some due to the AMI limitations. - To check current rental rates and determine affordability, please refer to the provided contact information. - Offering 80 low-income apartments. - Given the high demand for affordable housing, waiting lists are common in most apartment complexes. - Contact the apartment directly to inquire about eligibility and the application process. LIHTC Units for Rent: An Overview - Low Income Tax Credit (LIHTC) units are available for rent at Magnolia Trails. - All adults planning to reside in the apartment must disclose and verify their income at the time of application. - For more details, feel free to call and speak with the management team.
31511 Nichols Sawmill Rd, Magnolia, TX 77355
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