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Affordable Housing Option in Artspace Buffalo - Artist Family Lofts Overview: Artspace Buffalo - Artist Family Lofts in Buffalo, NY offers Low-Income Housing Tax Credit (LIHTC) apartments for those seeking an affordable housing option. These rental apartments come with program rent and income restrictions, as supported by the LIHTC. Incentives for Affordable Housing: The LIHTC program encourages builders and developers to provide housing options for low-income individuals by offering incentives. The maximum rent charged is determined based on the Area Median Income (AMI), which may pose affordability challenges for some low-income residents. It is recommended to check the current rental rates to assess affordability. Apartment Details: Artspace Buffalo - Artist Family Lofts consists of 36 low-income apartments. Given the high demand for affordable housing, it is common for such apartments to have waiting lists. To apply and determine eligibility, please contact the provided number for direct communication with the management. Income Verification: When submitting an application for residency, it is necessary to include and verify the income of all adults expected to reside in the apartment. For detailed information, feel free to call and inquire. Apartment Types Available: 1 bedroom apartments at this location 2 bedroom apartments at this location 3 bedroom apartments at this location Please note that the provided headings aim to enhance the structure of the text and make it more organized.
1219 Main St, Buffalo, NY 14209
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