About This Waterman Square Elk Grove
Waterman Square Elk Grove is a housing complex in Elk Grove, CA that offers affordable rental apartments through the Low-Income Housing Tax Credit (LIHTC) program. The LIHTC program incentivizes builders and developers to construct housing options for low income individuals. The program sets rent caps based on the Area Median Income (AMI) to ensure affordability for eligible residents. However, some individuals may still find the rent unaffordable based on AMI. The complex has 83 low income apartments available, but there may be a waiting list for occupancy. Interested individuals should contact the complex directly for more information on eligibility and application requirements. Additionally, it's important to note that all adult incomes of potential residents must be included and verified during the application process. The complex offers 2 bedroom, 3 bedroom, and 4 bedroom apartments.
How to apply
Public housing is a form of housing tenure in which the property is usually owned by a government
authority, either central or local. The federal Housing and Urban Development (HUD) department
addressed concerns of distressed properties and blighted superblocks with revitalization and funding
projects for the renewal of public housing to decrease its density and allow for tenants with mixed
income levels.
1. Check Your Eligibility Criteria
2. Search For Your Local Housing Authority
3. Fill In And Submit The Application Form
4. Check Your Waiting List Status
5. Move Into An Unit
Statement
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