Shepherd Park Apartments

About This Building

Affordable Housing Option in Hartford, CT with Rental Apartments Supported by LIHTC Introduction: Shepherd Park Apartments offers a Low-Income Housing Tax Credit (LIHTC) apartment option for those seeking affordable housing in Hartford, CT. This program supports rental apartments with specific rent and income restrictions to cater to low-income individuals. LIHTC Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to provide housing options that are affordable for low-income persons. By availing this tax credit, the maximum rent charged is based on the Area Median Income (AMI), making it more accessible for those in need. The Impact of AMI: It is important to note that due to the AMI calculation, this apartment may still be unaffordable for some low-income individuals. Rental rates are determined based on this factor, so it is advised to check the current rates to ensure affordability. Apartment Availability: Shepherd Park Apartments accommodates 363 one and two-bedroom low-income apartments. Given the demand for affordable housing, it is common for apartments to have waiting lists. In order to determine if you are eligible to apply and qualify for residency, we encourage you to contact them directly using the provided phone number. Conclusion: With its LIHTC support and offering a range of one and two-bedroom apartments, Shepherd Park Apartments provides an affordable housing option in Hartford, CT. Be sure to inquire about current rental rates and contact them directly to explore if this living opportunity meets your needs.