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Affordable Housing Option at Pheasant Hollow Apartments - Introduction: Welcome to Pheasant Hollow Apartments, located in Grundy Center, IA. Our apartment complex is dedicated to providing a low-income housing tax credit (LIHTC) supported by the government. If you are searching for an affordable housing option, our rental apartments offer applicable program rent and income restrictions. - LIHTC Incentives: At Pheasant Hollow Apartments, our aim is to assist low-income individuals by partnering with builders and developers who share our vision. Through the LIHTC program, we grant incentives for the construction of affordable housing, ensuring that it meets the needs of low-income residents. The maximum rent charged is determined based on the Area Median Income (AMI). - Rental Affordability: However, it is important to note that the AMI may still pose challenges for some low-income individuals, making our apartments potentially unaffordable. We encourage you to check the current rental rates to determine if it aligns with your budget and needs. - Apartment Features: With 16 low-income apartments available at Pheasant Hollow, we understand that there may be a high demand for housing. Many apartments in today's market have waiting lists, so it is crucial to act promptly. - Application Process: To apply for residency, we recommend contacting us directly using the provided contact number. Our dedicated team can assist you in determining if you qualify to live in our community. We value your interest in our affordable housing option and are happy to answer any questions you may have.
91 D Avenue, Grundy Center, IA 50638
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