Loring Place Bronx

About This Building

Affordable Housing Option in Bronx, NY - Loring Place Bronx - Low-Income Housing Tax Credit Apartment - Rent and Income Restrictions Apply Introduction: Looking for affordable housing? Discover Loring Place Bronx, a Low-Income Housing Tax Credit apartment located in Bronx, NY. This apartment complex offers rental apartments with supported rates through the LIHTC program. Benefits of LIHTC: Through the LIHTC program, builders and developers are encouraged to provide affordable housing options for individuals with low income. The maximum rent is calculated based on the Area Median Income (AMI), ensuring affordability for qualified applicants. Considerations: Due to the AMI restrictions, it is important to note that this apartment may still be unaffordable for those with low income. To determine suitability, we recommend checking the current rental rates. Available Units: Loring Place Bronx offers a total of 52 low-income apartments. As demand is high for affordable housing, waiting lists are common. Contact the provided number directly to inquire about availability and eligibility. Key Information about LIHTC Units: - Income from all adults planning to reside in the apartment must be included and verified during the application process. - For more details, call to receive comprehensive information on application requirements and procedures. Conclusion: Loring Place Bronx in Bronx, NY, presents an excellent affordable housing opportunity through the Low-Income Housing Tax Credit program. Explore this option and contact the management directly to check for availability and to see if you qualify.