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Pomona Intergenerational Housing in Pomona, CA: Offering Affordable Rental Apartments Introduction: Pomona Intergenerational Housing, situated in Pomona, CA, presents a viable option for individuals seeking affordable housing. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, offering rent and income restrictions to ensure affordability. The LIHTC Program and Area Median Income (AMI): The LIHTC program encourages builders and developers to provide housing options for low-income individuals by offering incentives. The maximum rent charged for these apartments is determined by the Area Median Income (AMI), which may render them unaffordable for some. Rental Rates: It is essential to check the current rental rates to determine if the apartments are within your affordable range. Due to the AMI, low-income individuals might find the rent unattainable. Conducting thorough research and assessing rental rates will help in making an informed decision. Apartment Details: Pomona Intergenerational Housing consists of 89 low-income apartments. As demand for affordable housing continues to grow, waiting lists are common. To explore your eligibility and apply, kindly contact the provided number directly. TIP: Understanding LIHTC Units: Renting LIHTC units, which benefit from the Low-Income Tax Credit program, requires the inclusion and verification of income from all anticipated adults dwelling in the apartment. For further information, please call and inquire about the specific details. Apartment Sizes Available: - 1 Bedroom Apartments at Location - 2 Bedroom Apartments at Location - 3 Bedroom Apartments at Location
1737 W Holt Ave, Pomona, CA 91768
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