Monticello Park III

1339 Apache Dr , Myrtle Beach, South Carolina 29577

Contact Monticello Park III

Message Monticello Park III

Monticello Park III Details

  • 56 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.

Myrtle Beach 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 Myrtle Beach but actual income limits may differ for units at Monticello Park III.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $23,950 $27,350 $30,750 $34,150 $36,900 $39,650 $42,350 $45,100
Low Income (60%) $28,740 $32,820 $36,900 $40,980 $44,280 $47,580 $50,820 $54,120

Monticello Park III is managed by Vista Capital Management Group.

Nearby Low Income Apartment Communities

Halyard Bend Apartments

3941 Halyard Way
Myrtle Beach, South Carolina
Income Based
1-2 BR
Rent Assisted

Carolina Oaks Village Apartments

1302 Scarlet Lane
Myrtle Beach, South Carolina
Call For Rent
2 BR
Affordable

Villas at Oleander

3810 Oleander Dr
Myrtle Beach, South Carolina
Call For Rent
2 BR
55+
Affordable

Swansgate I, II and III Apartments

1050 Mr. Joe White Ave
Myrtle Beach, South Carolina
Call For Rent
1-2 BR
62+
Affordable