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Affordable Housing Option in Fullerton, CA - Fullerton City Lights Residential Hotel Affordable Housing Supported by LIHTC The Fullerton City Lights Residential Hotel in Fullerton, CA offers low-income individuals a viable housing option. These rental apartments are made possible due to the support of the Low-Income Housing Tax Credit (LIHTC) program, which imposes rent and income restrictions. Incentives for Affordable Housing The LIHTC program provides incentives to builders and developers to create affordable housing opportunities for low-income individuals. The maximum rent charged for these apartments is determined by the Area Median Income (AMI). However, the AMI can sometimes pose challenges for low-income individuals, as the rent may still be unaffordable to them. Check Rental Rates for Affordability To determine whether Fullerton City Lights Residential Hotel is affordable for you, it is advisable to check the current rental rates. Keep in mind that there are 134 low-income apartments available, but waiting lists are common for most apartments these days. To inquire about availability and eligibility, feel free to contact the hotel directly using the provided number. Understanding LIHTC Units It is crucial to note that income from all adults who expect to reside in the apartment must be included and verified during the application process. For more detailed information, reach out to the hotel for further clarification. Don't miss out on the opportunity to benefit from the Low-Income Tax Credit (LIHTC) program for rent.
224 E Commonwealth Ave, Fullerton, CA 92832
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