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Stratford House Bronx: Affordable Apartments with Low-Income Tax Credit Assistance Introduction: Stratford House Bronx offers a range of low-income housing options supported by the Low-Income Housing Tax Credit (LIHTC) program. Located in Bronx, NY, these apartments are designed to cater to individuals seeking affordable housing. LIHTC Program: The LIHTC program incentivizes builders and developers to provide affordable housing for low-income individuals. By participating in this program, developers must adhere to applicable program rent and income restrictions. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). Affordability Considerations: However, due to the AMI calculations, it is important to note that this apartment complex may still be unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if they are within your budget. Apartment Details: Stratford House Bronx offers 60 low-income apartments. As demand for affordable housing is high, waiting lists are common. To explore your eligibility and potential for living in these apartments, we encourage you to directly contact the management using the provided contact number. Important Note: LIHTC Units for Rent If you are interested in renting a LIHTC unit, it is crucial to consider the income of all adult residents who will be residing in the apartment. The application process requires the inclusion and verification of income for all adults. For more information and specific details, please call the provided contact number. Apartment Types: - 1 bedroom apartments at location - 2 bedroom apartments at location - 3 bedroom apartments at location Conclusion: Stratford House Bronx provides an opportunity for low-income individuals to secure affordable housing through the LIHTC program. We encourage you to contact the management for more information and to determine your eligibility for these apartments.
1168 Stratford Ave, Bronx, NY 10472
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