Timberlake Apartments Dayton

About This Building

Title: Affordable Housing Options at Timberlake Apartments Dayton Introduction: Timberlake Apartments Dayton, located in Dayton, OH, offers low-income housing options supported by the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments come with certain rent and income restrictions to ensure affordability for eligible individuals and families. Benefits of LIHTC: The LIHTC program incentivizes builders and developers to provide affordable housing to low-income individuals. By participating in this program, Timberlake Apartments Dayton contributes to the availability of affordable housing options in the community. AMI-based Rent Calculation: The maximum rent charged at Timberlake Apartments Dayton is determined based on the Area Median Income (AMI). This ensures that the rental rates remain affordable for low-income individuals. However, it is important to note that in some cases, the AMI may still make the apartment unaffordable for certain low-income individuals. We recommend checking the current rental rates to determine affordability for you. Availability and Waiting Lists: With a total of 112 low-income apartments, Timberlake Apartments Dayton has limited availability. As is common with many housing options today, there may be waiting lists. However, it is advisable to directly contact the apartments at the provided number to inquire about the application process and see if you qualify to live here. Understanding LIHTC Units: To rent an apartment at Timberlake Apartments Dayton, the income of all adults who will be residing in the apartment must be included in the application and verified. It is essential to provide all necessary details during the application process. For further information, please call for more details. Conclusion: Timberlake Apartments Dayton offers an affordable housing solution through their participation in the LIHTC program. By adhering to rent and income restrictions, this community contributes to the provision of housing for low-income individuals in Dayton, OH. Contact the apartments directly to inquire about availability and see if you qualify for residency.