Pomeroy School Renovation Cortland

About This Building

Affordable Housing Option in Cortland, NY: Pomeroy School Renovation Overview: Pomeroy School Renovation in Cortland, NY offers low-income housing options supported by the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments come with program rent and income restrictions, making them a suitable choice for individuals seeking affordable housing. The LIHTC Incentive: The LIHTC program incentivizes builders and developers to create affordable housing options for low-income individuals. As a result, the maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it is important to note that the AMI may still render this apartment unaffordable for some low-income individuals. To determine its affordability, please check the current rental rates. Low-Income Apartments: Pomeroy School Renovation offers a total of 31 low-income apartments. As demand for affordable housing is often high, waiting lists may apply. To apply and check if you qualify, contact the management directly using the provided contact number. Understanding LIHTC Units: When applying for an apartment at Pomeroy School Renovation, income from all adults expected to reside in the unit needs to be included and verified during the application process. For more detailed information, please contact the management. Apartment Availability: 1 Bedroom Apartments: Pomeroy School Renovation provides 1-bedroom apartments at this location. 2 Bedroom Apartments: Pomeroy School Renovation also offers 2-bedroom apartments at this location. 3 Bedroom Apartments: Pomeroy School Renovation includes 3-bedroom apartments among its options. To explore the availability and suitability of these apartments, please reach out to the management for further details.