Woodside Village

About This Building

Woodside Village: Affordable Housing Option in McKinney, TX Woodside Village is an apartment complex located in McKinney, TX that offers affordable housing options through the Low-Income Housing Tax Credit (LIHTC) program. Designed to cater to low-income individuals and families, these rental apartments have rent and income restrictions set by the LIHTC. Incentives for Builders and Developers The LIHTC program incentivizes builders and developers to create affordable housing opportunities for low-income communities. The maximum rent charged at Woodside Village is based on the Area Median Income (AMI), which may still pose difficulties for some low-income individuals. Affordability Checking It is crucial to check the current rental rates at Woodside Village to determine if it is a financially viable option for you. Keep in mind that the affordability of this apartment may vary depending on the AMI. Range of Apartments Woodside Village offers a range of low-income apartments, including one, two, and three-bedroom units. However, it is important to note that many apartment complexes have waiting lists, so it is advisable to contact them directly to inquire about the availability and your eligibility. Acceptance of HUD Subsidies This apartment complex accepts HUD subsidies, which can provide additional assistance to eligible low-income individuals. Rent for HUD-subsidized apartments is typically based on 30% of the resident's Adjusted Gross Income. For more specific details on eligibility and rental arrangements, please call the provided contact number. Apartment Categories Woodside Village offers a variety of apartment options to suit different needs and preferences. They provide: - 1-Bedroom Apartments at Location - 2-Bedroom Apartments at Location - 3-Bedroom Apartments at Location - 4-Bedroom Apartments at Location By structuring the information into distinct sections, it becomes easier to grasp the key details about Woodside Village and its low-income housing options in McKinney, TX.