Madison Cove Gainesville

About This Building

Affordable Housing Option at Madison Cove Gainesville - Location: Madison Cove Gainesville is a Low-Income Housing Tax Credit apartment situated in Gainesville, FL. - Supported by LIHTC: These rental apartments are backed by the LIHTC program, offering affordable housing options to low-income individuals. - Rent and Income Restrictions: The applicable program rent and income restrictions ensure affordability for residents. - Incentives for Affordable Housing: The LIHTC provides incentives to builders and developers to create low-income housing opportunities. - Rent Based on AMI: The maximum rent is determined by the Area Median Income (AMI), which may make it unaffordable for some low-income individuals. - Check Rental Rates: To determine affordability, it is recommended to check the current rental rates. - 95 Low Income Apartments: Madison Cove Gainesville offers 95 low-income apartments in their community. - Waiting Lists: As with most apartments, there may be waiting lists, so it is important to inquire directly about availability. - Apply and Qualify: Contact the provided number to inquire if you can apply and qualify to live here. - Knowing About LIHTC Units: Gain a better understanding of Low Income Tax Credit units available for rent. - Income Verification: All adults expected to reside in the apartment must include and verify their income during the application process. - Bedroom Options: Madison Cove Gainesville offers both 2 and 3-bedroom apartment options. Call for more details.