Durkee Loft Apartments

About This Building

Title: Durkee Loft Apartments - Affordable Housing for Moderate Incomes Section 42, LIHTC Program for Affordable Housing Overview: - Total Apartment Units: 17 - Total Apartment Low Income Apartments: 17 - Years In Service Since: 1989 Program Details: - Durkee Loft Apartments offers affordable apartment properties under the Section 42, LIHTC (Low Income Tax Credit) program. - Rents are determined based on the Area Medium Income (AMI) and tenant-based utility allowances. - At least 20% of the apartments are allocated for low rates, catering specifically to low-income tenants. - The program is designed to provide below-market rents for individuals and families with moderate incomes. Not a Subsidized Housing Program: - Please note that Durkee Loft Apartments is not a subsidized housing program. - Each resident is responsible for paying their full amount of rent each month. Income Eligibility: - Rental amounts are determined by pre-set income limits in the geographic area, not based on individual household income. - To be eligible, your total household gross income must be below the pre-set income limit for the specific area. Important Information: 1. Waiting Lists: - Most low-income apartments have waiting lists, which can take several years to get called for openings. - We recommend applying to as many waiting lists as possible to increase your chances. 2. Contacting Apartments Directly: - We provide phone numbers and websites for direct communication with the apartments. - Reach out to them directly to inquire about current openings or if there are any open waiting lists. 3. Apartment Rates: - Current apartment rates are available on our listing pages. - HUD listings may not have published rates. Instead, they are based on 30% of the renter's adjustable gross income. - Contact the apartments directly to determine if you qualify for income-based rent. By following the guidelines above, you can explore the opportunities offered by Durkee Loft Apartments and find affordable housing that suits your needs.