River Run Senior Apartments Corona

About This Building

River Run Senior Apartments Corona: Affordable Housing Option in Corona, CA Overview: River Run Senior Apartments Corona is a Low-Income Housing Tax Credit (LIHTC) apartment complex conveniently located in Corona, CA. These rental apartments are designed to provide affordable housing options to individuals with income restrictions, as supported by the LIHTC program. However, it is important to consider the Area Median Income (AMI) when assessing affordability. AMI and Rent Restrictions: The LIHTC program offers incentives to builders and developers to create affordable housing for low-income individuals. As a result, the maximum rent charged at River Run Senior Apartments is determined based on the AMI. It is crucial to note that due to the AMI, this apartment complex may still be unaffordable for individuals with low income. Therefore, it is advisable to check the current rental rates to determine its affordability for you. Number of Apartments and Waiting Lists: River Run Senior Apartments Corona boasts a total of 356 low-income apartments. Given the high demand for affordable housing, it is common for apartments to have waiting lists. We provide this listing to allow direct contact with the management to inquire about the application process and eligibility requirements. Apartment Details: - 1 bedroom apartments available - 2 bedroom apartments available Income Verification: To apply for residency at River Run Senior Apartments, it is essential to include and verify the income of all adults expected to reside in the apartment. For more details regarding the application process, contact the management team. Please note that the term "LIHTC" refers to Low-Income Tax Credit units available for rent.