Heatherwood Apartments operates under a very unique “tax-credit” umbrella, and a lot of prospective tenants misunderstand the requirements of this program. On the surface it sounds plain enough; they have to rent to a specific number of low-income tenants, and as long as they do so, they get a substantial tax credit. It’s enough to more than make up for the discount afforded, but you’re missing the critical element here… you have to be poor, but they DO NOT have to give you a good deal.
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