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Affordable Housing Option in Arlington, VA: Serrano Apartments 1. Introduction: Located in Arlington, VA, Serrano Apartments offer an affordable housing option for those seeking a low-income rental apartment. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these apartments have specific rent and income restrictions. 2. Benefits of LIHTC: The LIHTC program provides incentives to builders and developers with the aim of offering affordable housing to individuals with low incomes. As a result, the maximum rent charged is determined based on the Area Median Income (AMI). 3. Affordability Considerations: Due to the AMI-based rent structure, it is important to note that this apartment may still be unaffordable for some low-income individuals. We encourage you to check the current rental rates to evaluate whether it is affordable for your particular circumstances. 4. Apartment Details: Serrano Apartments feature a total of 196 one, two, and three-bedroom units, catering to a diverse range of housing needs. Please be mindful that most apartments, including Serrano Apartments, tend to have waiting lists. 5. Office Hours and Application Process: To inquire about availability and eligibility, you can directly contact the management during their office hours: Monday, Tuesday, and Thursday from 9 am to 6 pm, Wednesday and Friday from 9 am to 7 pm, and Saturday from 10 am to 5 pm. It is recommended to get in touch with the provided contact number to inquire about the application process. Note: Remember to rewrite the text in your own words to avoid plagiarism.
5535 Columbia Pike, Arlington, VA 22204
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