Wapsie Valley Apartments

About This Building

Title: Affordable Housing Option at Wapsie Valley Apartments in Independence, IA Heading 1: Supported by Low-Income Housing Tax Credit Program Wapsie Valley Apartments is an affordable housing option in Independence, IA, benefiting from the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments are specifically designed to support low-income individuals and families, ensuring they have access to affordable housing. Heading 2: Income Restrictions and Program Rent As part of the LIHTC program, Wapsie Valley Apartments adheres to income restrictions and program rent guidelines. These measures are in place to ensure that the apartments remain affordable for low-income residents. By providing incentives to builders and developers, the LIHTC program encourages the creation of more affordable housing options for those who need it most. Heading 3: Affordable Rental Rates Based on Area Median Income The maximum rent charged at Wapsie Valley Apartments is determined by the Area Median Income (AMI). It's important to note that due to AMI limitations, the apartment may still be unaffordable for some low-income individuals. To assess affordability, please check the current rental rates and evaluate if they align with your financial circumstances. Heading 4: 15 Low-Income Apartments Available Wapsie Valley Apartments offers 15 low-income apartments in its complex. However, it's important to be aware that like many housing options, there may be waiting lists. Heading 5: Applying and Qualifying for Residency If you are interested in applying and determining if you qualify to live at Wapsie Valley Apartments, we recommend contacting them directly using the provided phone number. They will be able to provide you with more information regarding the application process and eligibility requirements.