Cherrytree Apartments Albion

About This Building

Affordable Housing at Cherrytree Apartments Albion: Low-Income Housing Tax Credit (LIHTC) Supported About Cherrytree Apartments Albion Cherrytree Apartments Albion is a low-income housing option located in Albion, PA. These rental apartments are supported by the LIHTC program, offering affordable housing to individuals with income restrictions. LIHTC and its Benefits The LIHTC program provides incentives to builders and developers to create affordable housing for low-income individuals. The maximum rent charged is based on the Area Median Income (AMI). While this apartment may still be unaffordable for some low-income persons due to AMI constraints, it is essential to review the current rental rates for affordability. Number of Apartments Cherrytree Apartments Albion offers 33 low-income apartments, providing a limited but valuable housing option in the community. Apply and Qualify As demand for affordable apartments is high, it is common for apartments to have waiting lists. To apply and determine your eligibility, contact Cherrytree Apartments Albion directly at the provided phone number. Please note that all adults expected to reside at the apartment must include and verify their income during the application process. For more information, call for further details. Apartment Options 1. 1 Bedroom Apartments: These apartments are available at the location. 2. 2 Bedroom Apartments: These apartments are also offered at the location. Remember, by knowing about LIHTC (Low Income Tax Credit) units for rent, you can make an informed decision about your affordable housing options.