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Affordable Housing Option in Jericho Residence Bronx, Phase II Bronx, NY Introduction: - Jericho Residence Bronx, Phase II Bronx offers affordable rental apartments supported by the Low-Income Housing Tax Credit (LIHTC) program. Understanding the LIHTC: - The LIHTC program incentivizes builders and developers to provide affordable housing for low-income individuals. - The maximum rent is determined based on the Area Median Income (AMI). Considerations for Low-Income Individuals: - Due to the AMI criteria, this apartment may still be unaffordable for low-income individuals. - We recommend checking the current rental rates to determine affordability. Apartment Details: - This complex consists of 33 low-income apartments. - Please note that waiting lists for apartments are common in today's market. How to Apply: - Contact the Jericho Residence Bronx directly using the provided number to inquire about application and qualification processes. Important Information: - For LIHTC units, the income of all adults planning to reside in the apartment must be included and verified during the application process. Additional Details: - Call for more information regarding specific details and eligibility requirements.
1840 Anthony Ave, Bronx, NY 10457
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