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Affordable Housing Option: Montmac Developer Bronx Supported by Low-Income Housing Tax Credit (LIHTC) Program Located in Bronx, NY, Montmac Developer Bronx is a beneficial low-income housing option for individuals seeking affordable rentals. These apartment units are backed by the LIHTC program, which offers incentives to builders and developers for providing housing to low-income individuals. The rental rates and income restrictions are in adherence to the applicable program guidelines. AMI-Based Rent Calculation The maximum rent charged at Montmac Developer Bronx is determined based on the Area Median Income (AMI), ensuring affordability for low-income individuals. However, please note that despite the inclusive AMI calculation, the apartment may still have affordability constraints for some low-income residents. To assess personal affordability, it is recommended to check the current rental rates. 109 Low-Income Apartments Available Montmac Developer Bronx offers a total of 109 apartments specifically designated for low-income individuals. However, it is important to bear in mind that demand for affordable housing often leads to waiting lists for available units. Contact and Application Information If you are interested in applying and determining if you qualify for residency at Montmac Developer Bronx, please reach out to the designated contact number provided below. It is essential to know that when applying, the income of all adult residents who will be residing in the apartment must be included and verified. Apartment Options: - 1 Bedroom Apartments at Location - 2 Bedroom Apartments at Location - 3 Bedroom Apartments at Location For further details, feel free to contact us for more information.
1491 Montgomery Ave, Bronx, NY 10453
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