Imagine waking up in your beautifully appointed apartment home and taking a leisure stroll around the impeccably landscaped grounds and natural pond. Or, enjoying a refreshing dip in a pristine swimming pool after an work-out in the fitness studio. It’s now possible with monthly rentals often starting at just $650.00 / mo.
About Texas Tax Credit Apartments
Senior apartments that advertise the word ‘affordable’ are generally tax credit apartment communities aka Texas affordable senior apartments. Each tax credit senior apartment community has different income requirements so it's important to ask when contacting them. You will also often see the words “Age and Income Guidelines Apply”.The Texas tax credit program is one of the primary means of directing private capital toward the creation of affordable rental housing. The tax credits provide investors of affordable rental housing with a benefit that is used to offset a portion of their federal tax liability in exchange for the production of affordable rental housing. The value associated with the tax credits allows residences in HTC developments to be leased to qualified families at below market rate rents.
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