Mexia Gardens Mexia

About This Building

Title: Mexia Gardens: Affordable Housing in Mexia, TX Introduction: Discover Mexia Gardens, a low-income housing property in Mexia, Texas. With its support from the Low-Income Housing Tax Credit (LIHTC) program, this apartment complex offers an affordable housing option to those in need. However, it is important to consider the applicable rent and income restrictions before proceeding. Rental Rates and Income Restrictions: The LIHTC program incentivizes builders and developers to provide affordable housing to low-income individuals. Consequently, the maximum rent charged at Mexia Gardens is determined based on the Area Median Income (AMI). It is important to note that this AMI may render the apartment unaffordable for some low-income individuals. Thus, checking the current rental rates is crucial to determine affordability. Apartment Availability: Mexia Gardens boasts 80 low-income apartments. Given the demand for affordable housing, waiting lists are commonplace in most establishments. To explore the possibility of applying and qualifying for residency, it is advisable to contact the property directly using the provided number. Tips for Prospective Applicants: Understanding the Low-Income Tax Credit (LIHTC) program can prove beneficial when seeking rental units that cater to specific income levels. To ensure eligibility, it is imperative to consider the income of all adults who are expected to reside in the apartment. For more detailed information regarding application procedures and qualifications, feel free to call and inquire. Conclusion: Mexia Gardens is a promising option for affordable housing seekers in Mexia, TX. By assessing the rent rates, income restrictions, and understanding the LIHTC program, individuals can make an informed decision when applying for residency. Do not hesitate to contact Mexia Gardens directly for further details on availability and eligibility.