Edison Triplex Apartments

About This Building

Number of Apartments and Low-Income Units A breakdown of the apartment units at Edison Gardens I reveals that there are a total of 100 apartments available. What sets this property apart is that all 100 units are designated as low-income apartments, adhering to Section 42, LIHTC (Low Income Tax Credit) guidelines. Rent Calculation To determine the rent for each unit, the property considers the Area Medium Income (AMI) and tenant-based utility allowances. It is important to note that at least 20% of the apartments must provide these low rates for low-income tenants, ensuring affordable housing options are available. Waiting Lists and Contact Information Due to high demand, there are waiting lists for most low-income apartments. These waiting lists can be extensive, often taking years before individuals can be called for available openings. As a strategy, it is recommended to apply to multiple waiting lists to increase your chances of securing a unit. For this reason, we provide phone numbers and websites of the respective apartment complexes. It is advisable to contact them directly to check for any available openings or to inquire about their waiting lists. Apartment Rates and Income Qualification While we provide current apartment rates on many of our listing pages, it is important to note that most HUD listings do not have published rates. Instead, the rent is based on 30% of the renter's adjustable gross income. To determine if you qualify for income-based rent, it is necessary to contact the apartments directly and inquire about their specific income requirements.