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Townhouse Terrace East I: Affordable Housing Option in Atlantic City, NJ Affordable Rental Apartments Supported by LIHTC Looking for an affordable housing option in Atlantic City, NJ? Townhouse Terrace East I offers rental apartments that are supported by the Low-Income Housing Tax Credit (LIHTC) program, which includes applicable rent and income restrictions. The LIHTC program provides incentives to builders and developers to create affordable housing for low-income individuals. Rent Based on Area Median Income The maximum rent charged for these apartments is determined by the Area Median Income (AMI). However, it is important to note that the AMI may still make the rent unaffordable for low-income individuals. We recommend checking the current rental rates to determine affordability for you. 82 Low Income One Bedroom Apartments Townhouse Terrace East I consists of 82 one bedroom apartments designed specifically for low-income individuals. These apartments are an excellent choice for those seeking affordable housing in Atlantic City. Office Hours: Mon-Fri 9 am - 5 pm Please note that most apartments have waiting lists. If you are interested in applying and qualifying to live at Townhouse Terrace East I, please contact our office during the provided office hours. Accepting HUD Subsidies We accept HUD subsidies for eligible applicants. If you qualify for low-income housing and we have available apartments, the rent will be based on 30% of your Adjusted Gross Income. For more information, please call us for specific details. Different Apartment Types Available We offer a variety of apartment types to suit your needs: - 1 Bedroom Apartments - 2 Bedroom Apartments - 3 Bedroom Apartments Feel free to inquire about the availability and details of each apartment type when you contact us. Contact Information To learn more about Townhouse Terrace East I, its availability, and the application process, please contact us directly using the provided phone number. We will be happy to assist you and provide all the necessary information.
732 North Maryland Avenue, Atlantic City, NJ 08401
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