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Affordable Housing Option with Income Restrictions in Mandan, ND Library Square: A Low-Income Housing Tax Credit Apartment Introduction: Library Square is a housing community located in Mandan, ND, offering affordable rental apartments supported by the Low-Income Housing Tax Credit (LIHTC). This program is designed to provide housing options for individuals with lower incomes. Income Restrictions and Rent: The LIHTC program sets specific rent and income restrictions for these apartments. Developers and builders are incentivized to participate in this program, ensuring the availability of affordable housing for low-income individuals. However, it's important to note that the maximum rent is determined based on the Area Median Income (AMI). As a result, the AMI calculation may still make these apartments unaffordable for some low-income individuals. To determine if this housing option is within your budget, please check the current rental rates. Apartment Details: Library Square offers a variety of one and two bedroom apartments, totaling 44 units. These spacious apartments are well-suited for low-income individuals or families in need of affordable housing. Waiting Lists: Given the increasing demand for affordable housing, it is common for apartments to have waiting lists. Therefore, we suggest contacting Library Square directly using the provided number to inquire about availability and eligibility. Conclusion: If you are in search of an affordable housing option in Mandan, ND, Library Square may be a suitable choice. Supported by the LIHTC program, these apartments are designed to cater to the needs of low-income individuals and families. Please reach out to Library Square directly to determine if you qualify and can apply for residency.
100 1st St. NW, Mandan, ND 58554
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