Savannah Park Foley

About This Building

Affordable Housing Option in Foley, AL: Savannah Park Foley - Low-Income Housing Tax Credit Apartment: Discover a low-income housing option at Savannah Park Foley, conveniently located in Foley, AL. These rental apartments are supported by the LIHTC, a program that offers incentives to builders and developers to provide affordable housing to low-income individuals. - Rent and Income Restrictions: The applicable program sets rent and income restrictions to ensure affordability. Please note that the maximum rent charged is based on the AMI (Area Median Income). - AMI Impact: Due to the AMI guidelines, it is important to consider that the rent for this apartment may still be unaffordable for low-income individuals. We encourage you to check the current rental rates and evaluate if it meets your affordability criteria. - 68 Low-Income Apartments: Savannah Park Foley offers a total of 68 low-income apartments for interested applicants. However, as waiting lists are common these days, we recommend contacting them directly at the provided number to inquire about applying and qualifying for residency. - LIHTC Units for Rent: Gain insights into the Low-Income Tax Credit (LIHTC) units available for rent. In order to apply, it is crucial to include and verify the income of all adults expected to reside in this apartment. Call for more details and specific requirements.