ADVERTISEMENT
Legacy Townhomes: Affordable Housing Option in Cambridge, MN Affordable Housing Supported by the LIHTC If you are searching for an affordable housing option, consider Legacy Townhomes. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which sets rent and income restrictions to ensure affordability for low-income individuals. Incentives for Affordable Housing The LIHTC program offers incentives to builders and developers to provide housing options for low-income individuals. By participating in this program, Legacy Townhomes contributes to the availability of affordable housing in Cambridge, MN. Affordability Based on Area Median Income (AMI) The maximum rent charged at Legacy Townhomes is determined by the Area Median Income (AMI). However, it's important to note that the AMI might still make this apartment unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if this option fits your budget. Spacious Apartments for Low-Income Individuals Legacy Townhomes features a range of two and three bedroom apartments designed to accommodate the needs of low-income individuals and families. With a total of 30 apartments available, there is the potential for finding the perfect home for you. Contact Legacy Townhomes Due to high demand, many apartments maintain waiting lists. To determine if you qualify and can apply for residency at Legacy Townhomes, we encourage you to contact them directly. The provided phone number will connect you to the team who can provide further information and guide you through the application process.
1227 Garland Street, Cambridge, MN 55008
ADVERTISEMENT
What is Section 8 Program?
The United States government established the Section 8 program, formally known as the Housing Choice Voucher program. This federal assistance program plays a significant role in providing safe and affordable housing to millions of low-income individuals and families across the nation.
7 Ways To Access Low Income Housing
Several programs and initiatives aim to provide low-income individuals and families with affordable housing options. In this guide, we will explore some quick ways to access low-income housing based on official data.
Best Low-Income Housing Grants: Bridging the Affordable Housing Gap
In this article, we will explore some of the best low-income housing grants available, backed by official data, and their impact in providing affordable housing options for those in need.