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Affordable Housing Option in Dayton, OH: Lyons Place Apartments Introduction: Welcome to Lyons Place Dayton, a Low-Income Housing Tax Credit (LIHTC) apartment complex that offers affordable rental apartments to individuals and families in need. If you are searching for an affordable housing option, we encourage you to consider our community, as it is supported by LIHTC and adheres to program rent and income restrictions. What is LIHTC? The LIHTC program provides incentives to builders and developers, empowering them to create affordable housing for low-income individuals. This scheme ensures that rental rates are set based on the Area Median Income (AMI), aiming to accommodate those with limited financial resources. However, please bear in mind that the AMI may still render this apartment unaffordable for some low-income individuals. Before making a decision, we recommend checking the current rental rates to determine if it aligns with your budget. 67 Low-Income Apartments Available: At Lyons Place, we offer 67 low-income apartments to our community members. Given the high demand for affordable housing, please be aware that waiting lists are likely in place. To inquire about availability and potential qualifications to live here, we have provided a contact number for direct communication. Structure and Application Details: To ensure fairness and transparency, all adults expected to reside at Lyons Place Apartments must include their income information during the application process. Rest assured, we will verify the provided details to maintain the integrity of our affordable housing initiative. For more in-depth information regarding the application procedure, kindly reach out to us for further assistance. Conclusion: Considering the LIHTC incentives and our dedication to providing affordable housing options, we invite you to explore the opportunity of residing at Lyons Place Dayton. By understanding more about the LIHTC program and the rental rates, you can make an informed decision that best suits your financial situation. Contact us today for more details and take a step closer to securing an affordable home for yourself or your family.
1300 Genesis Way, Dayton, OH 45417
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