Coalton Senior Village Coalton

About This Building

Coalton Senior Village: Affordable Housing Option in Coalton, OH About Coalton Senior Village Located in Coalton, OH, Coalton Senior Village is a Low-Income Housing Tax Credit apartment. These rental apartments are supported by the LIHTC, a program that provides incentives to builders and developers to offer affordable housing to low-income individuals. However, it's important to note that the maximum rent charged is based on the AMI (Area Median Income), which may still render this apartment unaffordable for some. Affordability and Rental Rates To determine if Coalton Senior Village is within your budget, it is advisable to check the current rental rates. The AMI factors into the affordability of this apartment. Despite the income restrictions, it's worth noting that most apartments have waiting lists. Therefore, contacting Coalton Senior Village directly at the provided number is recommended if you wish to apply and assess your eligibility to live here. Applicant Requirements When applying for this apartment, the income of all expected adult residents must be included and verified. For more details about the application process, feel free to inquire further. Conclusion Coalton Senior Village offers low-income individuals an affordable housing option in Coalton, OH. By leveraging the LIHTC program, developers have made it possible for individuals and families to access these rental apartments. However, it's crucial to consider the AMI and current rental rates to determine if it aligns with your financial situation. Contact Coalton Senior Village directly for more information and to check your eligibility.