Palacio Del Sol Bronx

About This Building

Affordable Housing Option in the Bronx: Palacio Del Sol Overview Palacio Del Sol Bronx is a Low-Income Housing Tax Credit (LIHTC) apartment complex situated in the bustling Bronx, NY. If you are in search of an affordable place to call home, these rental apartments, supported by LIHTC, offer program rent and income restrictions to cater to low income individuals and families. Rent and Income Restrictions Through LIHTC, builders and developers are incentivized to provide housing options for those with limited incomes. Consequently, the maximum rent charged at Palacio Del Sol is determined based on the Area Median Income (AMI), ensuring affordability. However, it is essential to note that the AMI may still render this apartment unaffordable for some low income individuals. We recommend checking the current rental rates to determine if it aligns with your budget. The Complex Palacio Del Sol boasts 123 low income apartments, making it a viable option for those seeking affordable housing in the Bronx. Considering the high demand for affordable apartments in the area, waiting lists are common. However, we provide this comprehensive listing to facilitate direct contact with the management. Feel free to reach out to the provided number to inquire about application processes and qualifications. Types of Apartments The complex offers apartments of varying sizes to cater to different household needs. These include: 1. One-bedroom apartments 2. Two-bedroom apartments 3. Three-bedroom apartments Income Verification When applying, it is mandatory to include and verify the income of all adults who are expected to reside in the apartment. Contact the management for specific details on income verification requirements and processes. For more information: In order to learn more about the Palacio Del Sol Bronx apartment complex and LIHTC (Low Income Tax Credit) units for rent, please call the provided number. Gain clarity on the application process, qualifications, and any additional details you may require.