Reseda Village Reseda

About This Building

Affordable Housing Option at Reseda Village Reseda, CA Introduction: Reseda Village Reseda offers a Low-Income Housing Tax Credit apartment for those seeking affordable housing in Reseda, CA. Supported by the LIHTC program, these rental apartments are suitable for individuals who meet the program's rent and income restrictions. Incentivizing Affordable Housing: The LIHTC program encourages builders and developers to provide affordable housing options for low-income individuals. It sets the maximum rent based on the Area Median Income (AMI). However, it is important to note that the AMI may make this apartment unaffordable for some low-income persons. Hence, it is advisable to check the current rental rates to determine affordability. Availability and Waiting Lists: Reseda Village Reseda houses a total of 42 low-income apartments. Given the demand for affordable housing, it is common for most apartments to have waiting lists. Nevertheless, we provide the contact number for direct inquiries, enabling you to find out if you can apply and qualify to live here. Important Considerations: It is essential to consider the LIHTC program when renting these units, as income from all expected adult residents must be included and verified during the application process. For more details on eligibility and application requirements, please call the provided contact number. Conclusion: In conclusion, Reseda Village Reseda offers an affordable housing option through the LIHTC program. By understanding the program's guidelines and rental rates, you can determine if this apartment meets your affordability criteria. If interested, reach out directly to the provided contact number for further assistance.