Homestead Colony Apartments

Homestead Colony Apartments Apartment Details

Total Apartments: 312
Total Low Income Apartments: 312
Two Bedroom (2 bdrm) Apartments: 156
Three Bedroom (3 bdrm) Apartments: 156
Senior Apartments
Family Apartments
Homestead Colony provides Section 42, LIHTC (Low Income Tax Credit) apartment properties. The rents are based upon the Area Medium Income (AMI) and tenant based utility allowances. At least 20% of these apartments (listed below), must provide these low rates for low-income tenants.

Eligibility
Homestead Colony Apartments is a community that offers apartment homes for restricted income residents. Residents are subject to the Maximum Allowable Household Incomes Identified below.
HOUSEHOLD SIZE: Includes each person who will reside in the home regardless of age.
HOUSEHOLD INCOME: All income from any income source, including but not limited to, all wages, social security payments, retirement benefits, military and veterans disability payments, welfare and unemployment benefits and any interest and dividends payments.
MAXIMUM ALLOWABLE HOUSEHOLD INCOME: HUD ("US Department of Housing of Urban Development") publishes annual income limits based on household size that are used to determine the maximum household income. The rent program that your household may be eligible for is based on the income.

STUDENT ELIGIBILITY: If everyone in your household (including children) are full-time students, at least one person must meet one of the following eligibility requirements:
    Be married and eligible to file a joint tax return.
    Be a single parent with dependent children.
    Receive benefits from AFDC or TANF (does not include SNAP or disability benefits from Social Security).
    Be enrolled in a job training program under the Job Training Partnership Act (JTPA) or a similar program.
    Be a person who was previously under the care and placement of the State agency responsible for Foster Care.
Full-time student status is determined by the educational institution attended. Enrollment in even one college course may be considered full-time. All children in kindergarten, elementary, middle or high school are considered to be full-time students.

TIP: Knowing About LIHTC (Low Income Tax Credit) units for rent. Income from all of the adults expected to reside at this apartment must be included and verified at application time. Call for more details.
2 bedroom apartments at location
3 bedroom apartments at location

Important information
Waiting Lists
Most low income apartments have waiting lists. Some of these lists can take years until you can be called for openings. The key is to try to get on as many waiting lists as possible.

Call The Apartments Directly
We provide phone numbers and websites. Call the apartments directly if they have openings or open waiting lists.

Apartment Rates
We provide current apartment rates on many listing pages. Most HUD listings do not have published rates. They are based on 30% of the renters adjustable gross income. You will need to contact the apartments to determine if you qualify for income based rent.

Apartment Rental and informational statistics for zip code

Median apartment rental rate in this zip code	$1,045
Population in zip code	35,303
Median age of those living in this zip code	30.2
Average household income of those living in this zip code	$39,925
Average home value in this zip code	$251,526