Villas of Hanover is a newly constructed apartment community with beautiful 2 and 3 bedroom units available. The property offers a large community room for resident functions, a computer center, fitness center and storm shelter.
Davis offers a friendly community with plenty of outdoor activities to keep you busy. The small town charm can be seen in the period lighting along Main Street, the unique storefronts and the smiling faces of Davis residents.
|Two Bedroom (2/1)||989||Call for Price|
|Town home (3/2)||1031||Call for Price|
|Single Story (3/2)||1240||Call for Price|
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.
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 Davis but actual income limits may differ for units at The Villas of Hanover.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$20,800||$23,750||$26,700||$29,650||$32,050||$34,400||$36,800||$39,150|
|Low Income (60%)||$24,960||$28,500||$32,040||$35,580||$38,460||$41,280||$44,160||$46,980|
The Villas of Hanover is managed by Belmont Management Company.