Powdermill Village

About This Building

Affordable Housing Option in Westfield, MA: Powdermill Village Introduction: Powdermill Village is a Low-Income Housing Tax Credit (LIHTC) apartment complex situated in Westfield, MA. Aimed at providing an affordable housing option, these rental apartments are supported by the LIHTC and are subject to program rent and income restrictions. This article delves into the benefits and considerations associated with residing in Powdermill Village. Benefits of LIHTC: The LIHTC program offers incentives to builders and developers, encouraging them to create housing solutions for individuals with low incomes. This initiative ensures that affordable housing options are made available to those who require financial assistance. Rent and Income Restrictions: To maintain affordability, the maximum rent charged at Powdermill Village is determined by the Area Median Income (AMI). However, it is important to note that this AMI-based pricing might still render the apartment unaffordable for some low-income individuals. Therefore, it is crucial to review the current rental rates to assess the affordability. Apartment Details: Powdermill Village comprises a total of 207 apartments, accommodating one, two, and three bedrooms. Please be aware that due to high demand, waiting lists for these apartments may exist. To determine eligibility and submit an application, we provide you with the contact details below. Contact Information: To inquire about the availability of apartments and ascertain your eligibility, contact Powdermill Village directly at the provided number. They will guide you through the application process and provide further assistance. Conclusion: Powdermill Village in Westfield, MA presents a viable affordable housing option through the LIHTC program. Despite potential limitations imposed by the AMI-based rent structure, this complex offers a range of one, two, and three-bedroom apartments. Interested individuals are encouraged to reach out to the property management directly to inquire about eligibility and application procedures.