Spinney Hill Homes, Phase Ii Great Neck

About This Building

Affordable Housing Option in Great Neck, NY Introduction: Discover Spinney Hill Homes, Phase II, located in the charming area of Great Neck, New York. This low-income housing tax credit apartment complex offers an affordable housing option for individuals seeking comfortable rental apartments. LIHTC Support: Supported by the LIHTC, these rental apartments come with the benefits of the Low-Income Housing Tax Credit program, including applicable rent and income restrictions. The LIHTC program encourages builders and developers to provide affordable housing for low-income individuals, ensuring that maximum rent charges are based on the Area Median Income (AMI). Affordability Considerations: While Spinney Hill Homes, Phase II is an excellent housing option for those in search of affordability, it is essential to note that the AMI-based rental rates may make it unaffordable for some low-income individuals. To determine if this apartment suits your budget, we recommend checking the current rental rates. Apartment Details: Spinney Hill Homes, Phase II offers 34 low-income apartments, providing a secure and comfortable living environment. Due to high demand, waiting lists for apartments have become commonplace. However, this listing includes contact information, enabling you to reach out directly and inquire about the application process and qualification criteria. Important Considerations: - The LIHTC program (Low-Income Tax Credit) and its benefits for rent - Inclusion and verification of income from all adult residents - Contact for further details and application process