Scottwood Commons Apartments

About This Building

Affordable Housing Option at Scottwood Commons II in Mt Orab, OH Introduction: Scottwood Commons II in Mt Orab, OH is a Low-Income Housing Tax Credit apartment complex that offers affordable housing options for individuals and families. Supported by the LIHTC program, these rental apartments have income and rent restrictions in place. LIHTC Incentives: The LIHTC program incentivizes builders and developers to provide housing for low-income individuals by offering tax credits. This ensures that affordable housing options are available for those in need. The maximum rent charged is determined based on the Area Median Income (AMI), which may still pose challenges for low-income persons. Affordability Check: Before considering Scottwood Commons II, it is important to check the current rental rates to determine if they fit within your budget. The AMI-based rent structure might make this apartment unaffordable for some low-income individuals. Low-Income Apartments: Scottwood Commons II offers 48 low-income apartments, catering to the housing needs of the community. However, it is worth noting that there is often a waiting list for most apartments nowadays. Applying for a Unit: To apply and determine eligibility for Scottwood Commons II, please contact them directly using the provided phone number. It is essential to include and verify the income of all adults who will be residing in the apartment when submitting the application. Conclusion: Scottwood Commons II presents an opportunity for those seeking affordable housing in Mt Orab, OH. Understanding the LIHTC program and its implications can help determine if this apartment complex is the right fit for your needs. For more detailed information, feel free to call and inquire further.