Crown Chase Phenix City

About This Building

Affordable Housing Option: Crown Chase Phenix City Introduction: Crown Chase Phenix City is an apartment complex located in Phenix City, AL, offering Low-Income Housing Tax Credit (LIHTC) apartments. These rental units are designed to provide affordable housing for low-income individuals and families. LIHTC Program: The LIHTC program provides incentives for builders and developers to create affordable housing options for low-income individuals. By participating in this program, Crown Chase Phenix City ensures that its rental apartments comply with the applicable program rent and income restrictions. AMI-Based Rent Calculation: The maximum rent charged at Crown Chase Phenix City is determined based on the Area Median Income (AMI). However, it is important to note that this AMI-based calculation might still make the apartment unaffordable for some low-income individuals. Current Rental Rates: To determine if Crown Chase Phenix City is an affordable housing option for you, it is recommended to check the current rental rates. These rates may vary and it is essential to ensure they align with your budget. 48 Low-Income Apartments: Crown Chase Phenix City offers a total of 48 apartments specifically designated for low-income individuals. However, it is crucial to be aware that there might be a waiting list due to the high demand for affordable housing options. Applying for Residency: To inquire about residency at Crown Chase Phenix City, you can directly contact the apartment complex using the provided contact number. It is advised to speak with them regarding the application process and qualifications required to live in this community. Important Information: Keep in mind that all adults who are expected to reside in the apartment must include and verify their income during the application process. For more detailed information, please contact Crown Chase Phenix City directly. Conclusion: Knowing about the LIHTC program and its benefits can help you take advantage of affordable housing opportunities such as those provided by Crown Chase Phenix City. Contact them today to explore if this housing option aligns with your needs and financial situation.