New Hope Walton Bronx

About This Building

Affordable Housing Option: New Hope Walton Bronx Located in the Bronx, NY Introduction: New Hope Walton Bronx offers Low-Income Housing Tax Credit apartments for individuals seeking an affordable housing option. These rental apartments are supported by the LIHTC program, which enforces rent and income restrictions. LIHTC Incentives: Builders and developers are incentivized by the LIHTC to provide affordable housing options for low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI). However, due to the AMI regulations, this apartment may still be unaffordable for those with low incomes. It is recommended to check the current rental rates to determine affordability. Number of Apartments: New Hope Walton Bronx offers a total of 63 low-income apartments. As demand is high, waiting lists for these apartments are common. Contact Information: To inquire further about applying and qualifying to live in these apartments, please contact New Hope Walton Bronx directly using the provided phone number. TIP: Understanding Low-Income Tax Credit (LIHTC) Units for Rent. Income Verification: During the application process, all adults expected to reside in the apartment must include and verify their income. For more detailed information, please call for further assistance. Available Apartment Types: - 1 Bedroom Apartments at Location - 2 Bedroom Apartments at Location - 3 Bedroom Apartments at Location