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Madison Plaza Rome: Affordable Housing Option Supported by Low-Income Housing Tax Credit Introduction: Madison Plaza Rome offers low-income individuals seeking affordable housing a chance to find a comfortable living space in Rome, NY. These rental apartments are supported by the LIHTC, providing applicable program rent and income restrictions. Availability and Leasing Information: For more information on leasing these apartments, please contact us at (315) 339-3260. The LIHTC Program: The Low-Income Housing Tax Credit program provides incentives to builders and developers, encouraging the creation of affordable housing for low-income individuals. The maximum rent charged for these apartments is based on the AMI, or Area Median Income. Please note that the apartment may still be unaffordable for low-income individuals due to the AMI. Checking Rental Rates: To determine if this apartment is suitable for your budget, please check the current rental rates. It is important to consider whether the rates align with your financial situation. Apartment Details: Madison Plaza Rome comprises of 120 low-income apartments. As demand for affordable housing is high, there might be waiting lists. However, we have provided direct contact information so that you can inquire about the possibility of applying and qualifying for residency. TIP: Understanding Low-Income Tax Credit Units for Rent: Remember that the income of all adults expected to reside in this apartment must be included and verified during the application process. For further details, do not hesitate to reach out to us. Apartment Types Available: -1 Bedroom Apartments -2 Bedroom Apartments Conclusion: Madison Plaza Rome presents an opportunity for low-income individuals seeking affordable housing through the support of the Low-Income Housing Tax Credit program. Reach out to us, explore the rental rates, and ensure that this residence is a suitable option for you.
100 N Madison St, Rome, NY 13440
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