Cherokee Apartments Akron

About This Building

Affordable Housing Option in Cherokee Apartments Akron - Introduction: Cherokee Apartments Akron is a low-income housing apartment located in Akron, AL. - LIHTC Support: These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which provides incentives to builders and developers to offer affordable housing to low-income individuals. - Rent and Income Restrictions: Tenants of Cherokee Apartments Akron must meet the applicable program rent and income restrictions set by LIHTC. - Maximum Rent Based on AMI: The maximum rent charged at this apartment is determined by the Area Median Income (AMI). - Affordability Considerations: It is important to note that this apartment may still be unaffordable for low-income individuals due to the AMI. Therefore, checking the current rental rates is advisable to determine if it meets your affordability criteria. - Availability: Cherokee Apartments Akron offers 24 low-income apartments. However, waiting lists for most apartments are common. - Contact for Application: To apply and see if you qualify to live here, please contact the apartment directly using the provided telephone number. - Important Details: Keep in mind that income from all adults expected to reside at this apartment must be included and verified during the application process. For more information, call for additional details.