Mill Run Guntersville

About This Building

Title: Mill Run Guntersville - Affordable Housing Options in Guntersville, AL Introduction: Welcome to Mill Run Guntersville, a Low-Income Housing Tax Credit apartment complex located in Guntersville, Alabama. If you are seeking affordable housing, our rental apartments are supported by the LIHTC program, offering subsidized rent options based on income restrictions. LIHTC Program and Rent Restrictions: The LIHTC program encourages builders and developers to provide affordable housing options to individuals with low income. As such, the maximum rent charged at Mill Run Guntersville is determined by the Area Median Income (AMI). It is important to note that due to this AMI-based rent structure, the apartments may still be unaffordable for low-income individuals. To determine affordability, please check the current rental rates. Availability and Waiting Lists: Our complex offers 40 low-income apartments. Like many housing units, Mill Run Guntersville might have a waiting list. We encourage you to reach out directly to the contact number provided, so you can inquire about availability and determine if you are eligible to apply and reside here. Considerations for Application: When submitting your application for residency, kindly ensure that income from all expected adult occupants is included and verified. Please call for more details on the application process and requirements. Conclusion: If you are in search of affordable housing in Guntersville, consider Mill Run Guntersville. Our LIHTC-supported apartments offer a viable option for low-income individuals. Contact us directly to inquire about availability and eligibility, and learn more about the Low-Income Tax Credit program.