Income Restrictions
The Low-Income Housing Tax Credit (LIHTC), or Section 42, is a government program that encourages the development of affordable rental housing. This program helps create more affordable housing options, making it possible for people with limited incomes to find decent and affordable homes. Applicants and residents must be income eligible to move in and will be required to complete recertification paperwork annually to maintain residency at our community. Please see below requirements and combined gross maximum allowable income. Gross income is calculated as what you are paid prior to any taxes or deductions:
*AMI represents area media income.