K Street Apartments

About This Building

Affordable Apartments under LIHTC HUD Program on K Street 1. Rental Options at K Street Apartments Discover well-appointed 2-bedroom, 1 bath apartments available under the LIHTC program administered by the Department of Housing and Urban Development (HUD). 2. Rents based on AMI and Utility Allowances At K Street Apartments, rents are determined based on the Area Medium Income (AMI) and tenant-based utility allowances. It ensures fair pricing for qualified individuals and families with moderate incomes. 3. Low Rates for Low-Income Tenants A minimum of 20% of our apartments are dedicated to providing low rates for low-income tenants. We aim to create an inclusive community by offering below-market rents to those who meet the eligibility requirements. 4. Not a Subsidized Housing Program Please note that our program is not a subsidized housing initiative. Each resident is responsible for paying their full rent amount each month. 5. Rental Amounts Based on Area Income Limits The rental amounts are determined by the pre-set income limits in the geographic area and are not dependent on individual household income. To be eligible, your total household gross income must be below the specified limit for the area. Important Information: Waiting Lists: Please be aware that most low-income apartments have waiting lists. Some of these lists can be lengthy, taking years before you are contacted for available units. We recommend you apply to multiple waiting lists to increase your chances. Contacting the Apartments directly: For immediate information about apartment availabilities or open waiting lists, please call the apartments directly. We provide phone numbers and websites for your convenience. Apartment Rates: On many listing pages, you will find the current rates for our apartments. However, please note that most HUD listings do not have published rates. Instead, rental rates are determined as 30% of the renter's adjustable gross income. To know if you qualify for income-based rent, please contact the apartments directly.