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Affordable Housing Option: Limestone Building Springfield Introduction Welcome to Limestone Building Springfield, a low-income housing tax credit apartment conveniently located in Springfield, OH. If you are searching for an affordable housing option, our rental apartments are supported by the LIHTC, providing you with the benefits of the applicable program rent and income restrictions. Incentives for Affordable Housing The LIHTC offers incentives to builders and developers, ensuring the availability of affordable housing for individuals with low incomes. As a result, the maximum rent charged is based on the Area Median Income (AMI). However, please note that due to this AMI limitation, this apartment may still be deemed unaffordable for low-income individuals. We encourage you to check the current rental rates to determine affordability. Low-Income Apartments Available Within Limestone Building Springfield, there are a total of 20 low-income apartments. As demand for affordable housing is high these days, it is common for most apartments to maintain waiting lists. Contact Information To explore the possibility of applying and qualifying to live in our apartments, we have provided the following contact details: Phone: [Phone Number] Crucial Considerations: 1. LIHTC Units: Understanding Low Income Tax Credit In order to be considered for tenancy, the income of all adults expected to reside in the apartment must be included and verified during the application process. Feel free to call us for more details on this matter. 2. Rental Rates: Assessing Affordability We recommend reviewing the current rental rates to determine their affordability for your specific situation. Conclusion At Limestone Building Springfield, we strive to provide an affordable housing option for individuals with low incomes. Contact us today to gather more information and initiate the application process.
501 S Limestone St, Springfield, OH 45505
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