Lexington Arms Waxahachie

About This Building

Affordable Low-Income Apartments in Waxahachie, TX Discover Lexington Arms Waxahachie - a welcoming community offering affordable housing options under the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments are designed to cater to low-income individuals and families, featuring rent and income restrictions as per the applicable LIHTC guidelines. LIHTC: Promoting Affordable Housing The LIHTC program encourages builders and developers to construct housing projects specifically targeted towards low-income individuals. By incentivizing such initiatives, it aims to provide affordable homes to those who need them the most. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, the AMI-based pricing may still pose challenges for some low-income individuals seeking affordable housing. Check Current Rental Rates Prior to making a decision, we advise you to review the current rental rates to determine affordability for your specific circumstances. While these apartments offer a budget-friendly option, it is essential to ensure that it aligns with your income capacity. Headed in the Right Direction With a total of 61 low-income apartments, Lexington Arms Waxahachie provides a promising opportunity for potential residents. However, please note that due to limited availability and high demand, waiting lists may be in place. To explore your eligibility and inquire about the application process, we encourage you to contact the community directly using the provided contact information. LIHTC Considerations When applying for this apartment, it is important to include and verify the income of all adults intended to reside in the unit. This criterion plays a significant role in determining your eligibility for the LIHTC program. For more information and detailed guidelines, make sure to reach out to the community's representatives. Explore 4-Bedroom Apartment Options In addition to its affordability, Lexington Arms Waxahachie also offers 4-bedroom apartments. If you require ample space for your household, these units could be the perfect fit for you. Contact the community to learn more about the floor plans and availability. Take the first step towards affordable living at Lexington Arms Waxahachie - where comfort and accessibility meet the needs of low-income individuals and families.