Cobblestone Cove Apartments Montevallo

About This Building

Title: Affordable Housing in Cobblestone Cove Apartments Montevallo, AL Subtitle: Low-Income Housing Tax Credit (LIHTC) Program Heading 1: Providing Affordable Housing for Low Income Persons Cobblestone Cove Apartments Montevallo is a Low-Income Housing Tax Credit apartment complex located in Montevallo, AL. Supported by the LIHTC program, these rental apartments offer an affordable housing option for individuals and families in need. Heading 2: Rent and Income Restrictions To ensure accessibility, the LIHTC program establishes rental rates and income restrictions. The maximum rent charged is based on the Area Median Income (AMI). However, it's important to note that the AMI may still present affordability challenges for low income individuals. Heading 3: Checking Rental Rates for Affordability We encourage potential tenants to check the current rental rates to determine if Cobblestone Cove Apartments fit within their budget. While these units are intended for low income persons, the AMI calculation might still make them unaffordable for certain individuals. Heading 4: Availability and Application Process Cobblestone Cove Apartments Montevallo offers 72 low income apartments. As demand is high, it's common for apartments to have waiting lists. To inquire about availability and explore the application process, we provide the contact information below. Please note that all adults expected to reside at the apartment must have their income included and verified during the application process. Contact Information: Cobblestone Cove Apartments Montevallo: [phone number] Heading 5: Understanding LIHTC (Low Income Tax Credit) Units for Rent For more detailed information about the LIHTC program and how it facilitates affordable housing, we recommend contacting the apartment complex directly. Knowledge of this program can help individuals navigate the application process effectively and determine if they qualify to live at Cobblestone Cove Apartments.