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Affordable Housing Option in New Britain, CT: Franklin Square Manor Introduction: Welcome to Franklin Square Manor, a Low-Income Housing Tax Credit (LIHTC) apartment complex that offers affordable housing opportunities in New Britain, CT. If you are in search of a reasonably priced place to call home, our rental apartments are supported by LIHTC, ensuring applicable program rent and income restrictions. LIHTC and Affordable Housing: The LIHTC program serves as an incentive for builders and developers to create housing options for low-income individuals. At Franklin Square Manor, the maximum rent charged is determined by the Area Median Income (AMI). However, it is important to note that this AMI-based pricing may still pose challenges for low-income individuals seeking affordability. We recommend checking our current rental rates to determine if it is suitable for your budget. Apartment Features: Our complex consists of 56 one-bedroom apartments designed to meet the needs of low-income individuals and families. Each unit offers comfortable living spaces within a supportive community. Office Hours: To assist you with any inquiries or applications, our office operates from Monday to Thursday, 9 am to 4 pm. Feel free to reach out to us during these hours for further information. Waiting Lists and Application Process: Given the high demand for affordable housing, waiting lists are common for most apartments. Therefore, we provide direct contact information so you can easily connect with us to check your eligibility and inquire about available units. Please contact us at the provided number to explore the possibility of becoming a resident at Franklin Square Manor. HUD Subsidies: This apartment gladly accepts Housing and Urban Development (HUD) subsidies. If you qualify for low-income housing and we have available apartments, the rental cost will be based on 30% of your Adjusted Gross Income. For more details on the application process and the benefits of HUD subsidies, please give us a call. Conclusion: Franklin Square Manor offers affordable one-bedroom apartments in New Britain, CT. With LIHTC support and the option for HUD subsidies, we strive to provide accessible housing opportunities to those in need. Contact us today to learn more about living in our community and potential eligibility.
120 Whiting St, New Britain, CT 06051
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