Autumn Park Apartments in Hastings, NE is a LIHTC property that offers affordable rental housing to low-income individuals and families. With a project-based rental assistance program, residents can expect their rent to be subsidized based on their income, ensuring that they pay no more than 30% of their earnings. While the waiting list for this property may be longer due to the subsidy, it is worth considering for those in need of assistance with their rent.
As one of the most common types of affordable housing in the United States, LIHTC properties like Autumn Park Apartments provide newer or renovated units with more amenities and tenant services. Income qualification is based on the Area Median Income (AMI), and residents must earn 50% or less of the AMI to be eligible. While housing vouchers are accepted at LIHTC properties nationwide, Autumn Park Apartments, with its Section 8 Project-Based Rental Assistance contract, does not accept Section 8 vouchers. Overall, Autumn Park Apartments is a suitable option for those seeking affordable housing and are willing to wait for a potentially longer waiting list.
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