Foxcroft Apartments Troy

About This Building

Affordable Housing Option at Foxcroft Apartments Troy Supporting Low-Income Individuals with LIHTC Are you in search of an affordable housing option in Troy, AL? Foxcroft Apartments Troy might be the perfect fit for you. These rental apartments are fully supported by the Low-Income Housing Tax Credit (LIHTC) program, ensuring that they meet the needs of low-income individuals. However, it's essential to note that there are specific program rent and income restrictions in place. Incentivizing Affordable Housing The LIHTC program offers incentives to builders and developers, encouraging them to create housing options that are affordable for low-income persons. As a result, the maximum rent charged at Foxcroft Apartments Troy is based on the Area Median Income (AMI) of the community. While this AMI-based system ensures affordability for many individuals, it might still be unaffordable for some low-income residents. Therefore, it is crucial to check the current rental rates to determine if Foxcroft Apartments Troy is within your budget. 48 Low Income Units Available Foxcroft Apartments Troy boasts a total of 48 low-income apartments. With such limited availability, it is no surprise that there may be a waiting list for interested individuals. However, we provide the contact information for Foxcroft Apartments Troy so that you can reach out directly and inquire about potential applications and qualifications. Seize the opportunity and secure your spot in these sought-after apartments. Understanding LIHTC (Low Income Tax Credit) Units Please note that the income of all adults intending to reside in the apartment must be included and verified during the application process. Rest assured, our team is available to provide further details and answer any questions you may have. Don't hesitate to call us for more information.