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West 55th & Tenth Ave Apartments - Affordable Housing Option in New York Overview: Located in the vibrant city of New York, the West 55th & Tenth Ave Apartments offer affordable housing through the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments are designed to cater to individuals in need of affordable housing, adhering to program rent and income restrictions. Benefits of LIHTC: The LIHTC program provides incentives to builders and developers to create housing options for low-income individuals. It ensures that the maximum rent charged aligns with the Area Median Income (AMI), promoting affordability within the community. Considerations: While striving to offer affordable housing, it is important to note that for some low-income individuals, the AMI-based rent may still be unaffordable. We encourage you to check the current rental rates to determine if this apartment meets your affordability needs effectively. Apartment Details: The West 55th & Tenth Ave Apartments feature a total of 45 low-income apartments. As these apartments are in high demand, waiting lists may be common. However, we provide you with the direct contact information, enabling you to reach out and inquire about potential application and qualification processes. Key Reminders: - LIHTC occupancy requires the inclusion and verification of income from all adults expected to reside in the apartment. - For further details and information, we recommend contacting the apartment management directly. Take Advantage of LIHTC: By understanding the opportunities offered by LIHTC (Low-Income Tax Credit) units for rent, you can explore affordable housing options in the city. Don't hesitate to contact us for more information and guidance on how to apply.
508 W 55th St, New York, NY 10019
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