New Genesis Apartments

About This Building

Affordable Housing Option in Los Angeles - New Genesis Apartments Introduction: New Genesis Apartments in Los Angeles, CA, is a Low-Income Housing Tax Credit (LIHTC) supported rental apartment complex. If you are seeking affordable housing, this property offers rental apartments with income restrictions set by the LIHTC program. Affordability Factors: The LIHTC program provides incentives to builders and developers to offer housing options for low-income individuals. The maximum rent is determined based on the Area Median Income (AMI). However, it is important to note that the AMI may still make this apartment unaffordable for low-income persons. Rental Rates and Availability: It is advisable to check the current rental rates to determine if this apartment aligns with your budget. With 104 low-income units available, it is crucial to be aware that waiting lists for apartments are common. To inquire about availability and qualifications, please contact the property directly using the provided number. Applying and Qualifications: To apply for residency at New Genesis Apartments, the income of all adult residents must be fully disclosed and verified during the application process. For further details, we recommend reaching out to the property management. Unit Details: New Genesis Apartments primarily offers 1-bedroom apartments. These units provide an opportunity for individuals or small families seeking affordable housing in Los Angeles. Conclusion: If you are in search of an affordable housing option in Los Angeles, consider New Genesis Apartments. Supported by the LIHTC program, this complex offers rental apartments with income restrictions. Please ensure to verify the details and contact the management for more information on eligibility and availability.