Park Yellowstone Townhomes

About This Building

Affordable Housing Option in Houston, TX Park Yellowstone Townhomes: Low-Income Housing Tax Credit Apartments Introduction: Looking for an affordable housing option in Houston, TX? Park Yellowstone Townhomes might be the perfect solution for you. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments offer benefits for low-income individuals and families. Income Restrictions: As part of the LIHTC program, Park Yellowstone Townhomes applies rent and income restrictions. The maximum rent charged is based on the Area Median Income (AMI). However, please note that this might make the apartment unaffordable for some low-income individuals due to the AMI calculations. Rental Rates: Before making a decision, it's important to check the current rental rates to determine if this housing option is affordable for you. We recommend verifying the rates to ensure they align with your budget and income limitations. Apartment Overview: • 210 Low-Income Apartments: Park Yellowstone Townhomes offers one, two, and three-bedroom apartments specifically designed for low-income individuals and families. • Waiting Lists: Similar to most apartments these days, there might be waiting lists for these units. However, contacting them directly at the provided number will give you a chance to inquire about availability and potential qualification. Important Considerations: 1. Knowing About LIHTC: Familiarize yourself with the Low-Income Housing Tax Credit (LIHTC) program, which provides incentives to builders and developers for offering affordable housing to low-income individuals. 2. Household Income Verification: During the application process, be prepared to include and verify the income of all adults who will reside in the apartment. Contact the management for further details. Available Apartments: • 1 Bedroom: Find comfortable and affordable one-bedroom units at this location. • 2 Bedrooms: Explore the option of renting a two-bedroom apartment in Park Yellowstone Townhomes. • 3 Bedrooms: For those in need of more space, three-bedroom apartments are also available here. Conclusion: Consider Park Yellowstone Townhomes for an affordable housing option in Houston, TX. By understanding the LIHTC program and its accompanying income restrictions, you can assess if this is the right place for you. For more information and to check availability, feel free to call the provided contact number.