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Affordable Housing Option in Ogden Avenue Apartments Bronx Overview: Located in Bronx, NY, Ogden Avenue Apartments Bronx offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments are designed to cater to individuals seeking affordable housing and are subject to program rent and income restrictions. Benefits of LIHTC: The LIHTC program encourages builders and developers to provide affordable housing solutions for low-income individuals. Apartments offered under this program have a maximum rent based on the Area Median Income (AMI). However, it is important to note that this may still pose affordability challenges for low-income persons due to the AMI calculations. Current Rental Rates: Before making a decision, it is advisable to check the current rental rates to determine if it fits within your affordability range. It is possible that the apartment may be out of reach for low-income individuals due to the AMI considerations. Number of Apartments: Ogden Avenue Apartments Bronx consists of 119 low-income apartments. Given the demand for affordable housing, there might be waiting lists for these apartments. Application Process: To apply and determine if you qualify to live in these apartments, we provide the direct contact information below. Please note that income from all individuals expected to reside in the apartment must be included and verified during the application process. Contact Information: For more information and to begin the application process, please call [insert phone number]. Knowing About LIHTC Units: It is important to understand the concept of Low-Income Tax Credit (LIHTC) units when seeking affordable rental options. With LIHTC incentives, individuals can enjoy the benefits of reduced rental rates suitable for their income levels. Apply today and secure a comfortable and affordable living space at Ogden Avenue Apartments Bronx.
918 Ogden Ave, Bronx, NY 10452
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