Bay Avenue Senior Apartments

About This Building

Affordable Housing Option at Bay Avenue Senior Apartments in Capitola, CA Incentivizing Affordable Housing for Low-Income Individuals - Bay Avenue Senior Apartments Capitola is situated in Capitola, CA and qualifies as a Low-Income Housing Tax Credit apartment. - These rental apartments are supported by the LIHTC program, which sets rent and income restrictions to ensure affordability. - The LIHTC program encourages builders and developers to offer housing options to those with low incomes. - The maximum rent charged at this apartment complex is determined by the Area Median Income (AMI). - However, it is important to note that the AMI-based rent may still be unaffordable for low-income individuals. - To determine if the rental rates are affordable for you, consider checking the current rates. - There are a total of 108 low-income apartments available at Bay Avenue Senior Apartments. - Due to high demand, it is common for these apartments to have waiting lists. - Nonetheless, we provide their contact information so you can inquire directly about applying and qualifying to live here. - Important Tip: Understanding Low-Income Tax Credit (LIHTC) units available for rent. - During the application process, it is crucial to include and verify the income of all adults expected to reside at the apartment. - For more information and further details, please contact the provided number. - Available options include 1-bedroom and 2-bedroom apartments at this location.