Edgewood Apartments Phase I Akron

About This Building

Affordable Housing Option in Akron: Edgewood Apartments Phase I Introduction: Looking for an affordable housing option in Akron, Ohio? Edgewood Apartments Phase I offers Low-Income Housing Tax Credit (LIHTC) apartments that prioritize supporting low-income individuals and families. Keep reading to find out more about this program and determine if it meets your needs. Affordable Rental Apartments: Edgewood Apartments Phase I is a rental apartment complex that benefits from the LIHTC program. This program provides incentives to builders and developers to offer affordable housing options to low-income individuals. However, it's important to note that the maximum rent charged is determined by the Area Median Income (AMI). This means that the affordability of these apartments may vary depending on your income level. We encourage you to check the current rental rates to assess whether these apartments are within your budget. Number of Low-Income Apartments: This apartment complex boasts 80 low-income apartments, making it a substantial community for individuals and families seeking affordable housing options. Given the high demand for such apartments, there might be waiting lists in place. However, we provide you with direct contact information, allowing you to reach out and inquire about availability and the application process. Understanding the Application Process: To apply for residency at Edgewood Apartments Phase I, it is crucial to keep in mind that income from all adults who are expected to reside in the apartment must be included and verified at the time of application. This ensures that the program remains accessible to those who genuinely need it. For more details on the application process or to address any queries you might have, please contact the provided number. Conclusion: Edgewood Apartments Phase I in Akron is an excellent affordable housing option for low-income individuals and families. Supported by the LIHTC program, this apartment complex aims to provide affordable living arrangements for those who qualify. However, it is crucial to consider the AMI-based rent structure before determining its affordability. If you are interested, please reach out to the provided contact number to inquire about availability and eligibility.