Boardwalk Apartments Cleveland

About This Building

Affordable Housing option in Cleveland, OH Introduction Boardwalk Apartments Cleveland offer Low-Income Housing Tax Credit (LIHTC) units for individuals seeking affordable housing in Cleveland, OH. This apartment complex is supported by the LIHTC program, which aims to provide affordable housing options to low income individuals. Program Details Under the LIHTC program, builders and developers are incentivized to construct rental apartments for low income persons. The maximum rent charged for these units is determined based on the Area Median Income (AMI) in the region. However, it's important to note that the AMI may still make this apartment unaffordable for some low-income individuals. Rental Rates To determine if this apartment fits within your budget, it is essential to check the current rental rates. The affordability may vary depending on individual circumstances and income level. Availability Boardwalk Apartments Cleveland offers a total of 123 low-income apartments. Due to the growing demand for affordable housing, waiting lists for such apartments have become common. It is recommended to contact the apartment complex directly at the provided number to inquire about the availability and application process. Application Requirements To apply for a LIHTC unit at this apartment complex, the income of all adults intending to reside in the unit must be included and verified during the application process. For more information on the application requirements, feel free to call and inquire. Conclusion Boardwalk Apartments Cleveland offers an opportunity for low income individuals to find affordable housing through the LIHTC program. By understanding the program details, rental rates, and application requirements, individuals can determine if they qualify and if this option is feasible for them.