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Affordable Housing Option in Cleveland, OH - Introduction: Emeritus House Cleveland, a Low-Income Housing Tax Credit (LIHTC) apartment, offers affordable rental apartments in Cleveland, OH. - Eligibility Criteria: These apartments are supported by LIHTC, providing incentives to builders and developers to offer affordable housing to low-income individuals. The program has rent and income restrictions based on the Area Median Income (AMI). However, the AMI may make the apartment unaffordable for some low-income individuals. - Current Rental Rates: It is essential to check the current rental rates to determine affordability. - Number of Apartments: Emeritus House Cleveland consists of 49 low-income apartments. Note that waiting lists for apartments are common these days. - Applying and Qualifying: This listing provides the contact number for direct communication with the management. Contact them to inquire about applying and determining eligibility as per LIHTC guidelines. - Understanding LIHTC Units: LIHTC units for rent are a valuable resource to explore, offering affordable housing options. - Income Verification: All adults expected to reside in the apartment must have their income included and verified during the application process. Additional details can be obtained by calling for more information.
4450 Cedar Ave. #2, Cleveland, OH 44103
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