St James Terrace Yonkers

About This Building

Yonkers St James Terrace: Affordable Housing Supported by LIHTC One of the best low-income housing options in Yonkers, NY, St James Terrace offers rental apartments supported by the Low-Income Housing Tax Credit (LIHTC) program. Designed to provide affordable housing to individuals with limited income, these apartments have rent and income restrictions as per the applicable LIHTC guidelines. Incentivizing builders and developers, the LIHTC program ensures that maximum rent charged is determined by the Area Median Income (AMI). However, it is essential to note that the AMI-based rent may still pose affordability challenges for low-income individuals. To determine the current rental rates and ascertain affordability, please check the information provided. This prime location comprises 26 low-income apartments, but considering the high demand, waiting lists are commonplace. To explore the possibility of applying and qualifying for residency, we recommend contacting the St James Terrace directly at the provided number. Familiarize yourself with LIHTC (Low-Income Tax Credit) units for rent, as income verification for all adults expected to reside at this apartment is mandatory during the application process. Apartment Options at Yonkers St James Terrace: 1. One-bedroom apartments available at this location. 2. Two-bedroom apartments available at this location. 3. Three-bedroom apartments available at this location. For further details, please call, ensuring you have the necessary information.