Academy Village North Hollywood

About This Building

Academy Village North Hollywood: A Low-income Housing Option with Affordable Rent Introduction: Academy Village North Hollywood offers affordable rental apartments supported by the Low-Income Housing Tax Credit (LIHTC) program. If you are in search of reasonably priced housing, this apartment complex in North Hollywood, CA might be the perfect fit for you. Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to construct housing options for individuals with low incomes. It ensures that the maximum rent charged is based on the Area Median Income (AMI), making it more affordable for low-income individuals. However, please note that the AMI may still render this apartment unaffordable to some. Checking Affordability: To determine if Academy Village North Hollywood is affordable for you, it is essential to check the current rental rates. Remember, there are 50 low-income apartments available at this location, and demand is high, which often leads to waiting lists. Applying and Qualifying: We provide this listing to enable direct contact with the management team. By calling the provided number, you can inquire about applying and determine if you meet the qualifications to reside in this community. Don't forget to consider the requirements of the LIHTC program, which include including and verifying the income of all expected adult residents. Conclusion: Academy Village North Hollywood presents an opportunity for those seeking affordable housing options. With the support of the LIHTC program, this apartment complex aims to provide low-income individuals with a viable living arrangement. Contact them today to learn more.