Madison Woods Jacksonville

About This Building

Affordable Housing Option in Jacksonville, FL: Madison Woods Apartments Overview of Madison Woods Apartments Madison Woods Jacksonville is a well-known apartment complex that offers low-income housing options in the vibrant city of Jacksonville, Florida. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments cater to individuals in need of affordable housing solutions. However, it's important to consider the applicable rent and income restrictions implemented by the LIHTC. Understanding the LIHTC Program The LIHTC program encourages builders and developers to provide affordable housing options for low-income individuals. As per this program, the maximum rent charged is determined by the Area Median Income (AMI). Although Madison Woods Apartments strive to offer affordable rates, the AMI calculation may render it unaffordable for some low-income persons. To determine affordability for yourself, we recommend checking the current rental rates. Apartment Details Madison Woods Apartments feature 240 low-income units, catering to the housing needs of a diverse community. Please note that there may be waiting lists for these apartments due to their popularity and limited availability. Application and Qualification Process To apply and qualify for residency at Madison Woods Apartments, we encourage you to directly contact the management team using the provided phone number. It is crucial to be aware that all adults expected to reside in the apartment must include and verify their income during the application process. For more detailed information and specific requirements, kindly reach out to our dedicated staff. Apartment Layout Options Madison Woods Apartments offer a variety of apartment layouts to accommodate different household sizes and preferences. These options include: 1. One-Bedroom Apartments 2. Two-Bedroom Apartments 3. Three-Bedroom Apartments For further details about each specific unit type or any inquiries you may have, please don't hesitate to get in touch with our office. We are here to assist you and provide all the necessary information you need to make an informed decision. Conclusion Madison Woods Apartments in Jacksonville, FL, provides an excellent low-income housing option for individuals seeking affordability. Supported by the LIHTC program, it aims to cater to the needs of low-income persons in the area. However, it is essential to closely examine the applicable rent and income restrictions to ensure affordability. Contact our team today to learn more and discover if Madison Woods Apartments is the right fit for you.