Crown at Bryce Meadows, located at 480 N Meadow Lane Tropic in Tropic, has three and four bedroom apartments. Crown at Bryce Meadows participates in the Low-Income Housing Tax Credit (LIHTC) program.
|3 Bedroom (3/2)||1200||$586|
|4 Bedroom (4/2)||1350||$586|
CROWN at Bryce Meadows offers fantastic 3 and 4 bedroom single family homes, located in breathtaking Southern Utah at the mouth of Bryce Canyon. Our pet-friendly Tropic, UT rentals are brand-new, sparkling homes that are a must see. Each of these gorgeous tax-credit homes features washer/dryer hookups, a covered carport, central air, and features spacious floor plans. Call today and inquire about our CROWN rent to own program! If you are looking for Tropic, UT homes for rent, look no further than CROWN at Bryce Meadows.
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 Tropic but actual income limits may differ for units at Crown at Bryce Meadows.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$24,100||$27,550||$31,000||$34,400||$37,200||$39,950||$42,700||$45,450|
|Low Income (60%)||$28,920||$33,060||$37,200||$41,280||$44,640||$47,940||$51,240||$54,540|
Crown at Bryce Meadows was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
Crown at Bryce Meadows is managed by LB Hunt Management Group.