Valley View Apartments Pharr

About This Building

Valley View Apartments Pharr: Affordable Housing Option Supported by LIHTC Introduction: Valley View Apartments Pharr is a Low-Income Housing Tax Credit apartment located in Pharr, TX. If you are looking for an affordable housing option, these rental apartments are supported by the LIHTC, offering applicable program rent and income restrictions. Incentives for Affordable Housing: The LIHTC gives incentives to builders and developers to provide affordable housing to low income persons. The maximum rent charged is based on the Area Median Income (AMI), which may make this apartment unaffordable for some low income individuals. Rental Rates: It is important to check the current rental rates to determine affordability. The AMI-based rent may still pose a challenge for low income persons. Consider this factor before making a decision. 121 Low Income Apartments: Valley View Apartments Pharr offers 121 low income apartments. With the high demand for affordable housing, waiting lists are common. Contact the apartments directly to inquire about the application process and qualification criteria. Considerations for Application: At application time, income from all adults expected to reside in the apartment must be included and verified. This is crucial for determining eligibility. Call for more details on the application process. Conclusion: Valley View Apartments Pharr is a LIHTC-supported affordable housing option in Pharr, TX. By understanding LIHTC units, rental rates, and qualification requirements, individuals can assess the suitability of these apartments as an affordable housing solution.