Candleridge of Newton

About This Building

Affordable Housing Option at Candleridge of Newton - Supporting low-income individuals, Candleridge of Newton offers affordable rental apartments through the Low-Income Housing Tax Credit (LIHTC) program. - Build and Develop with a Purpose: The LIHTC program incentivizes builders and developers to provide housing options for low-income persons. - Determining Maximum Rent: The applicable rent for these apartments is based on the Area Median Income (AMI), ensuring affordability for residents. - Considering Affordability: However, it is essential to note that the AMI-based rent may still pose affordability challenges for low-income individuals. Please review the current rental rates to assess suitability. - Welcoming 23 Low Income Apartments: Candleridge of Newton offers 23 low-income apartments, catering to the needs of the community. - Waitlist Possibilities: Given the demand for affordable housing, it's common for apartments to have waitlists. - Contact for Application and Eligibility: To explore the possibility of residing here, feel free to contact them directly using the provided contact information.