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Polk & Geary Senior Housing San Francisco: Affordable Apartments Supported by LIHTC Introduction: Polk & Geary Senior Housing is a Low-Income Housing Tax Credit (LIHTC) apartment complex located in San Francisco, CA. If you are in search of a budget-friendly housing option, these rental apartments are supported by LIHTC and adhere to program-specific rent and income restrictions. Affordable Housing Incentives: The LIHTC program offers incentives to builders and developers, encouraging them to provide affordable housing options for low-income individuals. This ensures that the maximum rent charged is based on the Area Median Income (AMI), making it accessible for those with low income. However, the AMI may still render this apartment unaffordable for some. Determining Affordability: To gauge whether this apartment is affordable for you, it is crucial to check the current rental rates. Keep in mind that there are 109 low-income apartments at this location, and like most apartments nowadays, there may be waiting lists. Application Process: We provide this listing as a means for you to directly contact the management at Polk & Geary Senior Housing. Inquire at the provided number to determine if you are eligible to apply and qualify for residency. It is important to note that income from all expected adult residents must be included and verified during the application process. One-Bedroom Apartments: Polk & Geary Senior Housing offers one-bedroom apartments at this location. For further details, feel free to call and inquire. Conclusion: In summary, Polk & Geary Senior Housing in San Francisco is an affordable housing option supported by LIHTC. By offering incentives to builders and developers, this program aims to provide accessible housing for low-income individuals. It is essential to assess the current rental rates to ascertain affordability. Contact the management directly to determine eligibility and apply for residency.
990 Polk St, San Francisco, CA 94109
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