Hertel Park Buffalo

About This Building

Affordable Housing Option in Hertel Park Buffalo, New York - Introduction - Hertel Park Buffalo offers Low-Income Housing Tax Credit (LIHTC) apartments in Buffalo, NY. These rental apartments provide an affordable housing option for individuals seeking cost-effective accommodations. Supported by the LIHTC program, these units come with specific rent and income restrictions to assist low-income individuals. - Incentives for Affordable Housing - The LIHTC program encourages builders and developers to contribute to the provision of affordable housing for low-income individuals. By participating in this program, the maximum rent charged for these apartments is determined based on the Area Median Income (AMI), ensuring that it remains within reach for those in need. However, the AMI criteria may still render this apartment unaffordable for some low-income individuals. - Determining Affordability - Before making a decision, it is essential to review the current rental rates to assess if this housing option fits your budget. Keep in mind that there are 138 low-income apartments available at this location, and demand may lead to waiting lists. To explore the possibility of residing here, you can directly contact the management using the provided contact number. - Renting with LIHTC - For a comprehensive understanding of LIHTC units available for rent, it's essential to note that the income of all adults expected to live in these apartments must be included and verified during the application process. For further information on eligibility requirements and application details, please call for more information. - Unit Availability - Hertel Park Buffalo offers both one-bedroom and two-bedroom apartments at this location. Depending on your requirements, you can select the unit that suits your needs and budget. By reorganizing the information and adjusting the language, the text now presents the same information in a different manner.