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Affordable Housing in Santa Cruz - Sycamore Street Commons Introduction: Welcome to Sycamore Street Commons, a Low-Income Housing Tax Credit apartment complex in Santa Cruz, CA. If you're seeking an affordable housing option, our rental apartments are backed by the LIHTC program, which imposes specific rent and income restrictions. What is LIHTC? The LIHTC program provides incentives to builders and developers with the goal of offering affordable housing to low-income individuals. To determine the maximum rent charged, the AMI (Area Median Income) is taken into consideration. However, it is important to note that the AMI may still render this apartment unaffordable for low-income individuals. We recommend reviewing the current rental rates to assess affordability. Apartment Details: At Sycamore Street Commons, we feature 60 low-income apartments. It is common for such apartments to have waiting lists due to high demand. We present this listing to connect you directly with our team so you can inquire about application procedures and ascertain if you qualify to reside in our community. Important Information: When applying for residency at this apartment complex, it is essential to include and verify the income of all expected adult occupants. For more details regarding the application process, kindly call our office. Conclusion: Discover the opportunity of living affordably in Santa Cruz. Sycamore Street Commons offers LIHTC apartments designed to cater to the needs of low-income individuals. Don't hesitate to reach out and make your inquiries today.
125 Sycamore St, Santa Cruz, CA 95060
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