Tompkins Terrace Beacon

About This Building

Affordable Housing Option in Beacon, NY at Tompkins Terrace - Tompkins Terrace Beacon is an apartment complex in Beacon, NY that offers Low-Income Housing Tax Credit apartments. - Supported by the LIHTC program, these rental apartments have rent and income restrictions in place, making them an affordable option for those in need. - The LIHTC program incentivizes builders and developers to provide housing for low-income individuals, ensuring that maximum rent prices are based on the Area Median Income (AMI). - However, it's important to note that this apartment complex may still be unaffordable for some low-income individuals due to the AMI calculation. - Check the current rental rates to determine if it fits your budget and needs. - With 193 low-income apartments available, there is high demand, and waiting lists are common. - To apply and see if you qualify for residency, you can contact the complex directly using the provided phone number. - Important: Understanding LIHTC (Low Income Tax Credit) units available for rent. - When applying for an apartment at Tompkins Terrace, the income of all adults expected to live there must be included and verified. - For more details about the application process and requirements, give them a call. - Various apartment sizes are available, including 1, 2, 3, and 4 bedroom options.