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Affordable Living Options at New Horizons Apartments in Cambridge, MD Incentives for Low-Income Individuals and Families Seeking a cost-effective housing solution? Discover New Horizons Apartments, a Low-Income Housing Tax Credit (LIHTC) apartment complex conveniently situated in Cambridge, MD. Supported by the LIHTC program, these rental apartments adhere to the program's rent and income restrictions to ensure affordability. AMI-Based Rent Structure New Horizons Apartments operates on a rent structure that considers the Area Median Income (AMI). As such, the maximum rent charged is based on this benchmark. However, it's worth noting that this AMI calculation may render the apartment unaffordable for some low-income individuals. Expense Evaluation for Affordability When considering New Horizons Apartments as a housing option, we recommend checking the current rental rates to determine whether they fit within your budget. Our aim is to provide accurate and transparent information to assist you in making an informed decision. A Range of One-Bedroom Apartments Within the New Horizons Apartments complex, you can find 32 one-bedroom apartments designed to cater to low-income residents specifically. We strive to offer a variety of living options to accommodate different needs and preferences. Availability: Waiting List Potential Like many popular apartments today, New Horizons Apartments may have a waiting list. However, we provide this listing to facilitate direct contact with the management. Feel free to reach out to them using the provided contact number to inquire about the application process and your eligibility for residency. At New Horizons Apartments, we aim to provide affordable housing options while adhering to the LIHTC program's guidelines. Contact us today and let us assist you in finding the perfect home that fits your needs and budget.
503 Muir St, Cambridge, MD 21613
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