Fairmount Apartments Oakland

About This Building

Fairmount Apartments Oakland: Affordable Housing Option Supported by LIHTC Location: Oakland, CA Overview: Fairmount Apartments Oakland is a Low-Income Housing Tax Credit (LIHTC) apartment complex offering affordable rental accommodations. As part of the LIHTC program, these apartments have rent and income restrictions to assist low-income individuals and families. However, it is important to note that the maximum rent is based on the Area Median Income (AMI), which may still pose challenges for some individuals with lower incomes. Affordability Considerations: To determine if this apartment is affordable for you, we recommend checking the current rental rates. While Fairmount Apartments Oakland offers 30 low-income apartments, it's essential to be aware that there might be a waiting list due to high demand. To evaluate your eligibility and apply, please contact them directly using the provided phone number. Key Details: - 1 bedroom apartments available at this location - 2 bedroom apartments also available at this location Important Information: When applying for residency, it is necessary to include and verify the income of all expected adult occupants. For additional details, please contact Fairmount Apartments Oakland. Understanding LIHTC Units: The LIHTC program incentivizes builders and developers to provide affordable housing options for low-income individuals. It is important to familiarize oneself with LIHTC units to understand the benefits and eligibility criteria.