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Affordable Housing Option at Port Watson Commons Cortland, NY Introduction: Port Watson Commons Cortland offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. If you are seeking affordable housing, these rental apartments are an excellent choice for you. The LIHTC Program: The LIHTC program provides incentives to builders and developers to create affordable housing opportunities for individuals with low incomes. The rental rates for these apartments are determined based on the Area Median Income (AMI). AMI Limitations: It is important to note that the maximum rent charged for these apartments is influenced by the AMI. Consequently, some low-income individuals may find these apartments unaffordable. We recommend checking the current rental rates to assess affordability. Number of Apartments: Port Watson Commons Cortland offers a total of 72 low-income apartments. Due to high demand, it is typical for these apartments to have waiting lists. However, we provide the contact information so you can reach out directly and inquire whether you are eligible to apply. Apartment Availability: This housing option includes various apartment sizes to accommodate different needs: 1. One-Bedroom Apartments 2. Two-Bedroom Apartments 3. Three-Bedroom Apartments Income Verification: To apply for these apartments, it is necessary to provide and verify the income details of all adults who intend to reside in the unit. Additional information can be obtained by contacting the management office. Conclusion: Take advantage of the LIHTC program at Port Watson Commons Cortland and secure an affordable housing option. For further details and application requirements, please call the provided number.
124 Port Watson St, Cortland, NY 13045
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