Mirada Terrace Apartments Hollywood

About This Building

Affordable Housing Option in Hollywood, California - Mirada Terrace Apartments Hollywood Introduction: Mirada Terrace Apartments Hollywood is a low-income housing option situated in the heart of Hollywood, CA. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments provide affordable accommodation for individuals and families. LIHTC and Income Restrictions: The LIHTC program offers incentives to builders and developers, ensuring the availability of reasonably priced housing for individuals with low incomes. These apartments have applicable program rent and income restrictions, making them an affordable option for eligible individuals. However, it's essential to consider the Area Median Income (AMI) as it may affect the affordability of this apartment for some low-income individuals. Rental Rates: The maximum rent charged for these apartments is determined based on the AMI, reflecting the median income in the area. It is important to check the current rental rates to determine if they align with your affordability criteria. Number of Apartments: Mirada Terrace Apartments Hollywood comprises a total of 29 apartments designed specifically for low-income individuals and families. Given the increasing demand for affordable housing, it's common for apartments to have waiting lists. However, we provide their direct contact number to inquire about availability and eligibility. Understanding LIHTC Units: To qualify for these LIHTC units, income from all adults expected to reside in the apartment needs to be included and verified during the application process. For further details, please contact the management. Apartment Availability: Mirada Terrace Apartments Hollywood offers a range of apartment sizes to cater to different housing needs. Their available units include 1 bedroom, 2 bedroom, 3 bedroom, and 4 bedroom apartments. Conclusion: If you are seeking affordable housing in Hollywood, California, Mirada Terrace Apartments Hollywood is an excellent option to consider. Supported by the LIHTC program, these apartments aim to provide affordable housing for low-income individuals and families. Contact the management directly for more information and to determine if you qualify to live here.