Madonna Homes Toledo

About This Building

Madonna Homes Toledo: Affordable Housing for Low-Income Individuals Overview: - Located in Toledo, OH, Madonna Homes Toledo is a Low-Income Housing Tax Credit apartment. - These rental apartments offer an affordable housing option for individuals in need, as they are supported by the LIHTC program. - The LIHTC program aims to incentivize builders and developers to provide affordable housing to low-income persons. - Rent is determined based on the Area Median Income (AMI). Affordability Considerations: - It is important to note that the AMI-based rent may still pose affordability challenges for low-income individuals. - Before deciding to apply, we recommend checking the current rental rates to determine if it aligns with your budget. Apartment Details: - Madonna Homes Toledo comprises 169 low-income apartments. - Due to high demand, waiting lists for apartments are common these days. - We provide this listing to allow you to contact the apartment directly at the provided number to inquire about application and qualification processes. Application Requirements: - All adults expected to reside in the apartment must include and verify their income at the time of application. - For further details on the application process, please call and inquire.