1850 Superior Building Cleveland

About This Building

Affordable Housing at 1850 Superior Building Cleveland: Low-Income Housing Tax Credit Apartments Introduction: Welcome to 1850 Superior Building Cleveland, a Low-Income Housing Tax Credit (LIHTC) apartment complex in Cleveland, OH. If you are seeking an affordable housing option, our rental apartments are supported by LIHTC, offering the applicable program rent and income restrictions. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers, facilitating the provision of affordable housing for low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI) to ensure affordability. However, due to the AMI criteria, this apartment complex may still be financially challenging for some low-income individuals. Checking Affordability: To assess affordability, we recommend checking the current rental rates. While the AMI-based rent may still be unaffordable for low-income individuals, it is essential to evaluate your specific circumstances and financial capability to make an informed decision. Availability and Waiting Lists: 1850 Superior Building Cleveland offers a total of 44 low-income apartments. As with many housing developments, there may be waiting lists for available units. To inquire about availability and determine eligibility, we provide the direct contact number below. Applying for Residence: We require inclusion and verification of income from all adults expected to reside at this apartment during the application process. For more details on the application procedure, please contact us at the number provided. Conclusion: Considering the benefits of LIHTC and adhering to rental affordability guidelines can help address the housing needs of low-income individuals. At 1850 Superior Building Cleveland, we strive to offer accessible and affordable housing options for those who need them.