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Nugent Square East Palo Alto: Affordable Housing Option with Rental Apartments Supported by LIHTC Location: East Palo Alto, CA Heading 1: Introduction Looking for an affordable housing option in East Palo Alto, CA? Nugent Square East Palo Alto offers Low-Income Housing Tax Credit (LIHTC) apartments that come with program rent and income restrictions, making them accessible to low-income individuals and families. Heading 2: LIHTC Incentives for Affordable Housing The LIHTC program provides incentives to builders and developers to offer affordable housing options to low-income individuals. As a result, the maximum rent charged at Nugent Square East Palo Alto is determined based on the Area Median Income (AMI). Heading 3: Affordability Consideration While Nugent Square East Palo Alto aims to provide affordable housing, it's important to note that the AMI-based rent may still be unaffordable for some low-income individuals. We recommend checking the current rental rates to assess affordability for your specific circumstances. Heading 4: Availability and Application Process Located at Nugent Square, there are 31 low-income apartments available. However, like many other apartments, there might be waiting lists due to high demand. Feel free to contact Nugent Square East Palo Alto directly using the provided phone number to inquire about availability and the application process. Heading 5: Office Hours Office Hours: - Monday-Friday: 10:00 AM - 12:00 PM - Monday-Friday: 1:00 PM - 4:30 PM Heading 6: Details and Requirements TIP: Understanding LIHTC Units for Rent When applying for Nugent Square East Palo Alto, it's essential to consider the following: 1. Inclusion of All Adult Incomes: - Income from all adults expected to reside at the apartment must be included and verified during the application process. 2. Unit Types: - Nugent Square East Palo Alto offers both 2-bedroom and 3-bedroom apartments at this location. For more detailed information, please contact Nugent Square East Palo Alto.
2361 University Ave, East Palo Alto, CA 94303
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