Montclair

17984 Arrowhead Cir, Athens, Alabama 35611

Montclair Details

  • 72 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Athens Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Athens but actual income limits may differ for units at Montclair.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,450 $37,100 $41,750 $46,350 $50,100 $53,800 $57,500 $61,200
Low Income (60%) $38,940 $44,520 $50,100 $55,620 $60,120 $64,560 $69,000 $73,440

Nearby Low Income Apartment Communities

Bonnie Doone Apartments

100 E Sanderfer Rd
Athens, Alabama
$535-680
1-3 BR
Rent Assisted

Southwind Apartments

208 Southwind Dr
Athens, Alabama
Call For Rent
1-3 BR
Affordable

5TH AVENUE APARTMENTS

700 FIFTH AVE
Athens, Alabama
Call For Rent
1-4 BR

Peyton Ridge Village

23615 U.S. 72
Athens, Alabama
Affordable