Garfield Avenue Marietta

About This Building

Affordable Housing Option at Garfield Avenue Marietta, OH - Low-Income Housing Tax Credit Support: Garfield Avenue Marietta presents an excellent opportunity for those seeking affordable housing. These rental apartments are backed by the LIHTC program, ensuring program rent and income restrictions are in place. - Incentivizing Affordable Housing: LIHTC offers incentives to 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), which may still pose affordability challenges to certain individuals. - Determine Affordability: It is important to check the current rental rates to assess the affordability of this apartment. Please note that due to the AMI, low-income individuals might find it unaffordable. - 20 Low-Income Apartments: Garfield Avenue Marietta features 20 low-income apartments in total. As the demand for such housing is high, it is common for waiting lists to be in place. - Direct Contact and Qualification: To explore the possibility of applying and qualifying for residency, we provide the contact number for direct communication with the management. Feel free to reach out to them for more information about the application process. - Important Tip: Understanding LIHTC Units for Rent: Familiarize yourself with the concept of Low Income Tax Credit (LIHTC) units for rent, as it plays a crucial role in this housing option. - Income Verification Requirement: It is essential to include and verify the income of all adults expected to reside in this apartment at the time of application. Further details can be obtained by calling the provided contact number.