City Forest Of Clark County Springfield

About This Building

Affordable Housing Option in City Forest of Clark County Springfield - Introduction: Located in Springfield, OH, City Forest of Clark County Springfield offers Low-Income Housing Tax Credit (LIHTC) apartments that provide affordable housing options for individuals with limited income. - LIHTC Program and Rent Restrictions: Supported by the LIHTC program, these rental apartments have specific rent and income restrictions. The program offers incentives to builders and developers to offer affordable housing solutions for those in low-income brackets. - Rent Based on Area Median Income (AMI): The maximum rent charged for these apartments is determined by the Area Median Income (AMI). However, it's important to note that the AMI may make these apartments still unaffordable for some low-income individuals. - Checking Affordability: Prior to making a decision, it is advisable to check the current rental rates to determine if they fit within your budget. - Availability: City Forest of Clark County Springfield offers 30 low-income apartments. However, due to the high demand for affordable housing, there might be waiting lists in place. - Applying and Qualifying: To inquire about applying and qualifying for these apartments, it is recommended to contact the management directly using the provided phone number. - Understanding LIHTC Units: When considering renting a low-income tax credit unit, it is essential to include and verify the income of all adults who are expected to reside in the apartment during the application process. For more details, please call for additional information.