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Regency Manor Monticello: Affordable Housing Option in NY Affordable Housing Supported by LIHTC Regency Manor Monticello offers Low-Income Housing Tax Credit (LIHTC) apartments in Monticello, NY. These rental units provide an affordable housing option for individuals seeking low-cost accommodations. The LIHTC program actively encourages builders and developers to construct affordable housing for low-income individuals. Rent and Income Restrictions Apply To ensure accessibility for those who truly need it, these apartments have program-imposed rent and income restrictions. The maximum rent charged is based on the Area Median Income (AMI). It is crucial to note that, despite the affordability of these apartments, they may still be beyond the means of low-income individuals due to the AMI calculation. Kindly check the current rental rates to determine whether this housing option fits your budget. 75 Low Income Apartments Available Regency Manor Monticello offers a total of 75 low-income apartments, which are in high demand. In most cases, there are waiting lists for these units. However, we provide this listing to enable you to directly contact the management at the provided number. By doing so, you can inquire about the possibility of applying and qualifying to reside at this location. Inclusion of All Adult Incomes When applying for a unit at Regency Manor Monticello, it is important to include and verify the income of all adults expected to reside in the apartment. This requirement ensures accurate assessment of eligibility. For further details, please contact the management. Unit Availability: - 1 Bedroom Apartments: Available at this location. - 2 Bedroom Apartments: Available at this location. Please consider the headings provided above to structure the text accordingly.
74 Sturgis Rd, Monticello, NY 12701
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