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Chadakoin Apartments Jamestown: Affordable Housing Option Supported by LIHTC Overview: Chadakoin Apartments Jamestown is a Low-Income Housing Tax Credit apartment situated in Jamestown, NY. These rental apartments offer an affordable housing option, as they are supported by the LIHTC program, which incorporates rent and income restrictions. Incentives for Affordable Housing: The LIHTC program motivates builders and developers to provide housing options for individuals with low income. The maximum rent charged for these apartments is determined by the Area Median Income (AMI), but it is important to note that the AMI may still make these apartments unaffordable for some low-income individuals. Be Informed: Before making a decision, it is recommended to check the current rental rates to determine if this option is affordable for you. It is common for apartments to have waiting lists, so it is advisable to contact Chadakoin Apartments Jamestown directly using the provided number to inquire about the application process and eligibility. Unit Details: - 32 low-income apartments available - 1 bedroom apartments at location - 2 bedroom apartments at location Application Requirements: To apply for this apartment, the income of all adults expected to reside in the unit must be included and verified during the application process. Further details can be obtained by calling the provided number. By familiarizing yourself with the LIHTC program and its offerings, you can gain a better understanding of the availability of affordable housing units for rent.
114 W 3rd St, Jamestown, NY 14701
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