Arbor Terrace Apartments, Phase Ii Odessa

About This Building

Arbor Terrace Apartments, Phase II Odessa: An Affordable Housing Option Supported by LIHTC Income Restrictions & Program Rent: - Arbor Terrace Apartments, Phase II Odessa is a Low-Income Housing Tax Credit apartment located in Odessa, TX. - Supported by the LIHTC, these rental apartments offer affordable housing options. - The applicable program rent and income restrictions are in place to ensure affordability. Incentives for Affordable Housing: - The LIHTC provides incentives to builders and developers, encouraging the provision of affordable housing for low-income individuals. - The maximum rent charged is determined based on the Area Median Income (AMI). - Due to AMI limitations, this apartment may still be unaffordable for those with low income. - Check the current rental rates to determine affordability for your circumstances. Availability and Application Process: - Arbor Terrace Apartments, Phase II Odessa offers 120 low-income apartments. - As demand is high, waiting lists are common for most apartments. - However, we provide direct contact information so you can inquire about applying and qualifying to live here. - Income verification for all adults expected to reside at this apartment is required during the application process. - Call for more details and further assistance. TIP: Understanding LIHTC (Low Income Tax Credit) Units for Rent.