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Monroe Commons: Offering Affordable Housing Options in Monroe, NY - A Low-Income Housing Tax Credit apartment situated in Monroe, NY, Monroe Commons provides a viable solution for those seeking affordable housing. - Benefiting from the LIHTC program, these rental apartments offer reduced rents and income restrictions to cater to low-income individuals. - By incentivizing builders and developers, LIHTC ensures the provision of affordable housing options for those with limited financial resources. - Rent for these apartments is determined based on the Area Median Income (AMI), which may make them unaffordable for some low-income individuals. - To assess affordability, it is advisable to check the current rental rates. - With 35 low-income apartments available, there is often a waiting list given the demand. - To explore the possibility of applying and qualifying for residency, contact the provided number to connect with the management directly. - An insight into the Low-Income Tax Credit (LIHTC) units for rent can be helpful in understanding the available options. - It is essential to include and validate the income of all adults who plan to reside in the apartment during the application process. - For further details, feel free to reach out and inquire about the availability of 1-bedroom apartments at this location.
5 N Main St, Monroe, NY 10950
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