Fair Oaks Apartments Valley

About This Building

Affordable Housing Option in Fair Oaks Apartments Valley, AL: Introduction: Fair Oaks Apartments Valley provides low-income housing options supported by the Low-Income Housing Tax Credit (LIHTC) program. If you are searching for affordable housing, these rental apartments may be suitable for you. Understanding LIHTC Incentives: The LIHTC program offers incentives to builders and developers, encouraging them to provide affordable housing for low-income individuals. This ensures that the maximum rent charged aligns with the Area Median Income (AMI). Consideration for Low-Income Individuals: However, please note that this apartment complex may still be unaffordable for low-income individuals due to the AMI restrictions. We recommend checking the current rental rates to determine affordability. Availability of Low-Income Apartments: Fair Oaks Apartments Valley offers 56 low-income apartments, although it is important to be aware that waiting lists are common in today's rental market. Applying for a LIHTC Unit: To apply and determine your eligibility to live in these apartments, we encourage reaching out to Fair Oaks Apartments Valley directly using the provided contact number. Important Considerations: When applying for these apartments, please keep in mind that the income of all adult residents expected to reside in the unit must be included and verified during the application process. For further details, do not hesitate to call for more information.