Bridgeport Elderly Apartments

About This Building

Title: Affordable Housing in Bridgeport Elderly Apartments Subtitle: Low-Income Housing Tax Credit Apartments in Bridgeport, CT Heading 1: Affordable Housing Options Supported by LIHTC Bridgeport Elderly Apartments, situated in Bridgeport, CT, offers rental apartments that are classified as Low-Income Housing Tax Credit (LIHTC) properties. These apartments are an excellent choice for those seeking affordable housing. Heading 2: Rental Restrictions Based on Program Requirements In accordance with LIHTC guidelines, these apartments have specific criteria regarding rental charges and income limitations. The program's rent and income restrictions ensure that the apartments remain affordable for low-income individuals and families. Heading 3: Incentivizing Builders for Affordable Living The LIHTC program offers significant incentives to builders and developers to facilitate the creation of affordable housing options for those with low incomes. This initiative aims to meet the housing needs of the community effectively. Heading 4: Rent Based on Area Median Income To determine the maximum rent charged, the AMI (Area Median Income) serves as the basis. It's important to note that while the rental rates are generally affordable, in some cases, they might still be unaffordable for individuals with very low incomes. Heading 5: Verify Affordability Based on Current Rental Rates To ensure these apartments meet your affordability requirements, it is recommended to check the current rental rates. This verification will help determine if the apartment is within your budget and aligns with your financial needs. Heading 6: Comfortable One-Bedroom Apartments Bridgeport Elderly Apartments consists of 85 one-bedroom apartments. These units are designed to provide comfortable living spaces for low-income individuals and offer a welcoming community environment. Heading 7: Contact the Office for Further Information To inquire about living at Bridgeport Elderly Apartments, contact the office during their operating hours, Monday to Friday, 9 am - 5 pm. As apartments often have waiting lists, it is advisable to reach out directly for more information and to determine your eligibility. Heading 8: Acceptance of HUD Subsidies This apartment complex readily accepts HUD subsidies, which can be beneficial for individuals who qualify for low-income housing. Rent is calculated based on 30% of the tenant's Adjusted Gross Income when HUD-subsidized apartments are available. Heading 9: 1-Bedroom Apartments for Consideration The available units at Bridgeport Elderly Apartments consist of comfortable one-bedroom apartments. These homes provide an affordable housing option for eligible individuals seeking cozy living spaces. Note: It is necessary to maintain the overall message and information from the source text while expressing it in a unique manner.