Clough Commons Waverly

About This Building

Clough Commons Waverly: Affordable Housing Option with LIHTC Support Introduction: Welcome to Clough Commons Waverly, a Low-Income Housing Tax Credit (LIHTC) apartment complex located in Waverly, OH. If you are in search of an affordable housing option, these rental apartments are designed to cater to individuals who meet the applicable program rent and income restrictions. LIHTC and Affordable Housing: The LIHTC program aims to encourage builders and developers to provide affordable housing options for individuals with low incomes. Under this program, the maximum rent charged is determined based on the Area Median Income (AMI). However, it is important to note that this AMI calculation might still make these apartments unaffordable for some low-income individuals. Rental Rates: To determine whether Clough Commons Waverly is affordable for you, we recommend reviewing the current rental rates. Please note that as the demand for low-income apartments is high, waiting lists are common these days. Nevertheless, we have provided contact information so you can directly reach out to them and inquire about the possibility of applying and qualifying to live here. 45 Low Income Apartments: Clough Commons Waverly houses a total of 45 low-income apartments. These apartments are specifically tailored to meet the needs of individuals seeking affordable housing within a supportive community. Application Process: To apply for residence at Clough Commons Waverly, it is essential to consider income verification requirements. All income sources of the expected adult residents must be included and verified during the application process. For further details on the application process, please call the provided contact number. In summary, Clough Commons Waverly offers affordable housing solutions with LIHTC support to individuals seeking an economically viable living option. Ensure you meet the necessary criteria and follow the application process to secure your place in this community.