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Affordable Housing Option at Foster Pointe Senior Apartment Homes in Cleveland, OH Introduction: Foster Pointe Senior Apartment Homes in Cleveland, OH offers a Low-Income Housing Tax Credit (LIHTC) apartment option for those seeking affordable housing. Supported by the LIHTC program, these rental apartments come with applicable program rent and income restrictions. Benefits of LIHTC: The LIHTC program incentivizes builders and developers to provide affordable housing options to low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI), ensuring affordability for eligible residents. Considerations for Low-Income Individuals: While Foster Pointe Senior Apartment Homes aims to provide affordable housing, the AMI calculation may still make it unaffordable for low-income individuals. It is recommended to check the current rental rates to determine if the apartment fits within your budget. Apartment Details: Foster Pointe Senior Apartment Homes offers 61 one and two bedroom apartments for low-income individuals. Due to high demand, waiting lists may apply. To apply and check your eligibility, it is best to contact them directly using the provided contact number. Important Note: Income Verification Applicants must include and verify the income of all adults expected to reside in the apartment at the time of application. For more details and specific requirements, please call for additional information. Conclusion: If you are in search of low-income tax credit units for rent, Foster Pointe Senior Apartment Homes in Cleveland, OH presents a viable option. With its LIHTC support, it aims to provide affordable housing to eligible individuals. Contact them directly to inquire about availability and qualifications.
2000 Denison Ave, Cleveland, OH 44109
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