Franklin Village - NH

About This Building

Title: Affordable Housing Option in Franklin Village, Derry, NH Heading 1: Overview of Franklin Village - Franklin Village, situated in Derry, NH, offers Low-Income Housing Tax Credit apartments. - These rental units are backed by the LIHTC program, which imposes rent and income limitations for affordable housing. Heading 2: Providing Affordable Housing - The LIHTC program incentivizes builders and developers to create affordable housing for individuals with low income. - Rent charges are determined based on the Area Median Income (AMI), ensuring affordability for eligible residents. - However, the AMI may still pose financial challenges for some low-income individuals. It is recommended to check the current rental rates to determine affordability. Heading 3: Apartment Details - Franklin Village features a total of 98 one and two bedroom apartments, catering to low-income individuals. - The office operates from Monday to Friday, between 9:00 am and 5:30 pm. Heading 4: Application and Waiting Lists - Due to high demand, many apartments have waiting lists. - To apply and determine eligibility, contact Franklin Village directly using the provided phone number.