Madison Woods Madison

About This Building

Affordable Housing Option in Madison, OH - Madison Woods Introduction: Madison Woods is a Low-Income Housing Tax Credit (LIHTC) apartment complex located in Madison, OH. If you are seeking affordable housing, these rental apartments are supported by the LIHTC program, which imposes rent and income restrictions for eligible individuals. The LIHTC Program: The LIHTC program aims to incentivize builders and developers to provide affordable housing for low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI) of the region. However, it's important to note that for some low-income persons, the rental rates may still be unaffordable due to the AMI. Rental Rates and Availability: To determine affordability for your specific situation, we recommend checking the current rental rates. Please note that there are 40 low-income apartments available at Madison Woods, but like many other properties, there may be waiting lists involved. Application Process: To apply and find out if you qualify for residency at Madison Woods, we provide the contact number for you to reach out to them directly. Please keep in mind that all adults expected to reside at the apartment must include and verify their income during the application process. For further details, please call for more information. Conclusion: If you are in search of LIHTC units for rent in Madison, OH, Madison Woods offers an affordable housing solution. Take advantage of the LIHTC program's benefits and explore the possibility of residing in these low-income apartments. Contact Madison Woods directly to begin the application process and determine if this is the right fit for you.