Union Free School Residential Conversion Camillus

About This Building

Affordable Housing Option in Camillus, NY Union Free School Residential Conversion in Camillus offers low-income housing options supported by the Low-Income Housing Tax Credit (LIHTC) program. These apartments are designed to provide affordable housing to individuals and families with income restrictions. Incentives for Affordable Housing The LIHTC program encourages builders and developers to create affordable housing for low-income individuals by offering tax credits. The maximum rent for these apartments is determined based on the Area Median Income (AMI). Potential Affordability Concerns Due to the AMI limitations, it is important to check the current rental rates to determine if these apartments are affordable for low-income individuals. While this may be the case for some, it is essential to consider individual financial situations. Available Low-Income Apartments There are 26 low-income apartments available at Union Free School Residential Conversion in Camillus. As demand for affordable housing is high, most apartments have waiting lists. To explore the possibility of applying and qualifying for these apartments, reach out directly to the provided contact number. Key Information about LIHTC Units When applying for an apartment at this location, it is crucial to include and verify the income of all adults who are expected to reside there. Contact the management for more details concerning the application process. Apartment Options This residential conversion offers 1-bedroom and 2-bedroom apartments. Availability of each apartment type may vary, so it is recommended to inquire about the options during the application process. By restructuring the original text and adding headings, the information is presented in a refreshed manner while maintaining the main message.