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Affordable Housing Option in St Ann's Terrace - Welcome to Bronx, NY! Introduction: St Ann's Terrace Bronx presents an opportunity for low-income individuals and families seeking affordable housing. These LIHTC-supported rental apartments offer program rent and income restrictions, making it a suitable choice for those in need. Incentivizing Affordable Housing: The LIHTC initiative rewards builders and developers who contribute to the provision of affordable housing for low-income individuals. As a result, the maximum rent charged is determined based on the Area Median Income (AMI). However, it is crucial to bear in mind that the AMI may still render this apartment unaffordable for some low-income persons. Determining Affordability: Unsure about the affordability of this apartment? We recommend checking the current rental rates to evaluate if it aligns with your budgetary constraints. It's our priority to ensure that you make an informed decision regarding your housing needs. Expansive Low-Income Apartment Options: With a total of 160 low-income apartments available at St Ann's Terrace, our community caters to various household sizes. Whether you require a one, two, or three-bedroom apartment, we strive to accommodate your preferences and make you feel at home. Eagerly Awaited Opportunities: It is common for apartments in high demand areas to have waiting lists. In light of this, we provide this listing to facilitate direct contact with the management team. By reaching out to them directly, you can explore the potential for application and qualification to reside at St Ann's Terrace. Tips for LIHTC Unit Renters: When considering this affordable housing option, please note that the income of all anticipated adult residents must be included and verified during the application process. For additional information and specific details, please don't hesitate to call. Explore Your Options: At St Ann's Terrace, we offer one, two, and three-bedroom apartments, catering to diverse housing needs. To learn more about each apartment type and what they have to offer, peruse the following descriptions: - 1 Bedroom Apartments at Location: Discover the comfort and affordability of our one-bedroom apartments, designed to provide a cozy living space for you or your small family. - 2 Bedroom Apartments at Location: Our two-bedroom apartments cater to slightly larger households, offering ample room for your loved ones to thrive within a budget-friendly environment. - 3 Bedroom Apartments at Location: Whether you need extra space for a growing family or a home office, our three-bedroom apartments are here to meet your requirements without compromising affordability. Conclusion: St Ann's Terrace in Bronx, NY, represents an enticing opportunity for individuals and families seeking affordable housing. We encourage you to explore our range of low-income apartments, consider the rental rates, and reach out to us directly to kickstart your application process. Remember, our dedicated team is here to assist you in finding a home that fits your needs and budget.
775 Eagle Ave, Bronx, NY 10456
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