About This Diamond Terrace Apartments Clayton
The Diamond Terrace Apartments in Clayton offer affordable low-income housing supported by the LIHTC program. As a result, there are income and rent restrictions in place. The complex offers several amenities, including emergency maintenance, an emergency alert response system, a library and computer center, a theater room, a private dining room, an arts and crafts room, a country store, a workout room, and an activity program with social opportunities. Personal laundering facilities are available at no charge, and there is also a beauty/barber shop on-site. The LIHTC program incentivizes builders and developers to create affordable housing for low-income individuals. However, the maximum rent charged is based on the AMI, or the Area Median Income, which may still make these apartments unaffordable for some. It's essential to check the current rental rates to determine if this housing option is viable. The complex has 86 low-income apartments, but as demand for affordable housing is high, there may be a waiting list for available units. To qualify for residency, the income of all adults expected to live in the apartment must be included and verified during the application process. The complex offers both one and two-bedroom apartments, and interested parties can contact the property management directly for more information.