Hermitage Apartments Lexington

About This Building

Affordable Housing Option in Hermitage Apartments Lexington, AL: Supported by LIHTC Introduction: Located in Lexington, AL, Hermitage Apartments Lexington offers low-income housing options supported by the Low-Income Housing Tax Credit (LIHTC) program. If you are seeking affordable housing, these rental apartments are ideal with their applicable program rent and income restrictions. LIHTC and Affordable Housing: Incentives provided by the LIHTC program encourage builders and developers to offer affordable housing to low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI). However, it's essential to note that this apartment may still pose affordability challenges to low-income residents due to the AMI. To determine if it fits your budget, check the current rental rates. Number of Units: Here at Hermitage Apartments Lexington, you'll find 16 low-income apartments available. As demand for affordable housing is high, waiting lists are common for most apartments nowadays. Applying and Qualifying: If you are interested in living here, we provide this listing to help you directly contact the management. Reach out to them at the provided number to inquire about application procedures and see if you meet the qualifying criteria. An important tip: Familiarize yourself with Low-Income Tax Credit (LIHTC) units available for rent. Income Verification: When applying for residency at this apartment, it is crucial to include and verify the income of all expected adult occupants. For more information and specific details, please call the management.