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Affordable Housing Option in Irvine, CA - San Paulo Apartments - Supported by the Low-Income Housing Tax Credit (LIHTC) Program Do you seek affordable housing in Irvine, CA? San Paulo Apartments may be the solution for you. These rental apartments benefit from the LIHTC program, which aims to provide housing options for low-income individuals. By adhering to the program's rent and income restrictions, these apartments offer affordable choices. AMI-Based Rental Rates The LIHTC program sets the maximum rent charged for these apartments based on the Area Median Income (AMI). However, it is essential to note that depending on the AMI, the apartment may still pose affordability challenges for those with low incomes. To determine affordability, we advise checking the current rental rates. Diverse Apartment Options San Paulo Apartments offers 174 one, two, and three-bedroom apartments dedicated to low-income individuals. As demand for affordable housing constantly grows, waiting lists for apartments like these have become common. Therefore, it is advisable to contact the complex directly using the provided number to inquire about availability and eligibility. Application Details When applying to reside in this apartment complex, it is crucial to include and verify the income of all expected adult residents. For further information regarding qualifications and application procedures, please contact us for more details. Understanding LIHTC Units for Rent The Low-Income Tax Credit (LIHTC) program encourages builders and developers to create affordable housing for low-income individuals. By offering incentives, this program helps bridge the gap in the availability of affordable homes.
100 Duranzo Aisle, Irvine, CA 92606
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