Commons at Madeline Park

About This Building

Title: Affordable Housing at Commons at Madeline Park - Akron, OH Heading 1: Low-Income Housing Tax Credits (LIHTC) Support Located in Akron, OH, Commons at Madeline Park offers affordable housing options through the Low-Income Housing Tax Credit (LIHTC) program. As per LIHTC regulations, these rental apartments are made available to individuals who meet the program's rent and income restrictions. Heading 2: Incentives for Affordable Housing The LIHTC program incentivizes builders and developers to create housing options that cater to the needs of low-income individuals. To ensure affordability, the maximum rent charged at Commons at Madeline Park is determined based on the Area Median Income (AMI). Heading 3: Consideration for Affordability Please note that, due to the AMI guidelines, this apartment complex may still be unaffordable for low-income individuals. To determine if this housing option suits your budget, it is advisable to check the current rental rates. Heading 4: Availability of Low-Income One Bedroom Apartments Commons at Madeline Park features 60 low-income one bedroom apartments. As demand for affordable housing is high, waiting lists are common in many apartment complexes. To explore your eligibility and potential application, we encourage you to contact the management team directly using the provided phone number. Note: Proper headings have been added to structure the text and provide clarity.