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Affordable Housing Option in Van Nuys, CA Introduction: Welcome to Cornerstone Apartments, a Low-Income Housing Tax Credit apartment complex. If you are in search of affordable housing, our rental apartments are supported by the LIHTC program, ensuring applicable rent and income restrictions. LIHTC Incentives: At Cornerstone Apartments, we strive to provide affordable housing to low-income individuals. Thanks to the LIHTC program, builders and developers are encouraged to offer such housing options. The maximum rent charged is based on the AMI (Area Median Income), which may affect affordability for some low-income individuals. Rental Rates: Since the AMI determines the affordability of our apartments, it's crucial to check the current rental rates. We understand that it may still be unaffordable to certain low-income individuals, and we want to ensure our residents can comfortably afford their homes. Available Apartments: Our complex consists of 35 low-income apartments. Due to the high demand for affordable housing, waiting lists in most apartments these days are common. Therefore, we advise contacting us directly at the number provided to inquire about the application process and the possibility of qualifying to live here. Income Verification: Please note that upon application, all adults expected to reside in the apartment must include and verify their income. We prioritize transparency and adherence to the guidelines set by the LIHTC program. Apartment Types: Cornerstone Apartments offers a variety of apartment options to suit your needs: - 1 Bedroom Apartments: [Description and features] - 2 Bedroom Apartments: [Description and features] Conclusion: If you are seeking affordable housing in Van Nuys, CA, Cornerstone Apartments could be the perfect choice. With our support from the LIHTC program and dedication to offering low-income housing, we aim to provide a comfortable and affordable living experience. Contact us for more details and begin your application process today.
14128 Calvert St, Van Nuys, CA 91401
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