Royal Gardens Mineral Wells Mineral Wells

About This Building

Affordable Housing Option in Mineral Wells, TX Royal Gardens Mineral Wells Apartments Introduction: - Discover an affordable housing option in Mineral Wells, TX at Royal Gardens Mineral Wells Apartments. - These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program. LIHTC Program: - The LIHTC program encourages builders and developers to provide affordable housing to low-income individuals. - As a result, rental apartments at Royal Gardens Mineral Wells are subject to program rent and income restrictions. - The maximum rent charged is determined based on the Area Median Income (AMI). Affordability Consideration: - However, it's important to note that the AMI-based rent may still be unaffordable for low-income individuals. - We recommend checking the current rental rates to determine if it fits within your budget. Number of Apartments: - Royal Gardens Mineral Wells offers a total of 75 low-income apartments. - Please be aware that there may be waiting lists due to high demand. Application Process: - Contact Royal Gardens Mineral Wells directly at the provided number to inquire about applying and qualifying for residency. - Keep in mind that income from all adults expected to reside in the apartment must be included and verified during the application process. - For more details and additional information, feel free to call. Conclusion: - Royal Gardens Mineral Wells provides an excellent opportunity for individuals seeking affordable housing in Mineral Wells, TX. - Learn more about the LIHTC program and inquire about renting your unit today!