Canal Place Apartments San Benito

About This Building

Canal Place Apartments in San Benito: Affordable Housing Option with Income Restrictions Welcome to Canal Place Apartments San Benito, a low-income housing option supported by the Low-Income Housing Tax Credit (LIHTC) program. Located in San Benito, TX, these rental apartments are designed to offer affordable housing to individuals and families in need. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to create affordable housing options for low-income individuals. This means that the apartments at Canal Place are specifically designed to accommodate those with limited income. Rent Calculation: The maximum rent charged at Canal Place Apartments is determined based on the Area Median Income (AMI). It is important to note that this may still be unaffordable for some low-income individuals, depending on their income in relation to the AMI. It is advisable to check the current rental rates to determine if Canal Place is within your budget. 96 Low-Income Apartments: Canal Place Apartments offers a total of 96 low-income units. Due to the high demand for affordable housing, there might be a waiting list to secure an apartment. However, you can always reach out to their office directly using the provided contact information to inquire about applying and qualifying for residence. Office Hours: To assist you further, here are the office hours at Canal Place Apartments: - Monday to Friday: 9:00 AM to 6:00 PM - Saturday: Closed - Sunday: Closed Understanding the LIHTC Program: It's important to be familiar with the Low-Income Housing Tax Credit (LIHTC) program, which is the foundation of Canal Place Apartments' affordability. Please note that the program requires the income of all adults living in the apartment to be included and verified during the application process. For more details, kindly contact the provided number. Apartment Sizes: Canal Place Apartments offers a variety of apartment options to suit your needs: - 2 bedroom apartments at this location - 3 bedroom apartments at this location - 4 bedroom apartments at this location By providing a clear structure to the text with headings, this revised version presents the necessary information in a different and organized manner.