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What is tax credit affordable housing?

My boyfriend and I have been looking for a place to move into together and we found a place. The thing is it is $390.00 a month for rent because we make under 30% or something. Thats what the calculator on the website said. We are worried that it may be too good to be true though, however, the apartments on the apartment ratings website have been the highest I have ever seen in that neighborhood at a 89%! It states it is because it is a tax credit affordable housing complex. What does that really mean?

Public Comments

1. That means it's subsidized housing. The people who own the complex get tax credits for renting to people with low income.