Cedar Street Apartments Akron

About This Building

Affordable Housing in Akron, OH at Cedar Street Apartments - Low-Income Housing Tax Credit Apartment in Akron - Rental Apartments Supported by LIHTC Program - Rent and Income Restrictions Apply Providing Affordable Housing for Low-Income Individuals Cedar Street Apartments Akron offers a low-income housing option for individuals seeking affordable living. Supported by the LIHTC program, these rental apartments are designed to cater to low-income persons, with specific rent and income restrictions in place. The LIHTC program provides valuable incentives to builders and developers, ensuring the availability of affordable housing options for those in need. AMI-Based Rent Calculation To ensure affordability, the maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it is important to note that the AMI may still make this apartment unaffordable for some individuals within the low-income bracket. We encourage you to check the current rental rates to assess affordability based on your specific circumstances. Limited Availability With 25 low-income apartments available at Cedar Street, it is essential to be mindful of the potential waiting lists common in today's rental market. However, we provide this listing to facilitate direct contact between interested individuals and the apartment management. Feel free to reach out using the provided contact number to inquire about availability and qualification requirements. Understanding LIHTC (Low-Income Tax Credit) Units When applying for residency at Cedar Street Apartments, it is crucial to include and verify the income of all adults expected to reside in the apartment. For more detailed information and specific guidelines, please contact us directly. Contact us now to explore these affordable housing options at Cedar Street Apartments.