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Affordable Housing Option in Arkville, NY: Mountain Laurel Gardens Arkville Introduction: Mountain Laurel Gardens Arkville offers a range of low-income housing options supported by the LIHTC (Low-Income Housing Tax Credit). If you are in search of affordable housing, keep reading to learn more about the rental apartments, income restrictions, and the rental rates. LIHTC Program: The LIHTC program provides incentives to builders and developers to create affordable housing for individuals with low incomes. By participating in this program, Mountain Laurel Gardens Arkville ensures that the maximum rent charged is based on the Area Median Income (AMI). Considerations: While this apartment complex strives to offer affordable housing, it is important to note that the AMI may still make it unaffordable for some low-income individuals. To determine if the current rental rates are within your budget, it is advisable to check the rental rates provided. Low-Income Apartments: Mountain Laurel Gardens Arkville consists of 30 low-income apartments, which are in high demand, resulting in waiting lists. However, you can contact the complex directly using the provided number to inquire about the application process and your eligibility to live here. Structure of Apartments: The apartment complex offers various types of units to suit different needs: 1. One-bedroom apartments 2. Two-bedroom apartments 3. Three-bedroom apartments Income Verification: To qualify for an apartment at Mountain Laurel Gardens Arkville, it is essential to include and verify the income of all adults who are expected to reside in the unit. Additional details regarding income requirements can be obtained by contacting the complex directly. Conclusion: Mountain Laurel Gardens Arkville presents an opportunity for low-income individuals to find affordable housing through the LIHTC program. If you are interested in applying for an apartment at this location, make sure to consider the income restrictions, rental rates, and contact the complex for more information.
55 Lamphere Ln., Arkville, NY 12406
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