Miller Commons, located at 110 Miller Ave in Ashville, has two bedroom apartments. Miller Commons participates in the HOME Investment Partnerships Program and Low-Income Housing Tax Credit (LIHTC) programs.
|2 Bedroom (2/1)||907||Call for Price|
The spacious apartments at Miller Commons are perfect for spending time with the people who matter most. You can choose the floor plan that best meets your needs, and you’ll also enjoy our beautiful grounds and welcoming community building. Develop new friendships as part of our friendly neighborhood, and enjoy entertaining visiting family and guests or showing them nearby restaurants and shops. They value building connections between its residents and the community.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
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.
Miller Commons is managed by Community Investment Management Services LLC.