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Affordable Housing in Bronx, NY: Honeywell Apartments, Phase II - Low-Income Housing Tax Credit Opportunity Looking for an affordable housing option in Bronx, NY? Honeywell Apartments, Phase II may be the perfect fit for you. These rental apartments are supported by the LIHTC program, offering applicable rent and income restrictions to ensure affordability for low-income individuals and families. What is LIHTC? The LIHTC program provides incentives to builders and developers to create and maintain affordable housing options for low-income individuals. By participating in this program, the maximum rent charged for these apartments is based on the Area Median Income (AMI). However, it's important to note that even with these restrictions, the rent may still be challenging for some low-income residents. We recommend checking the current rental rates to determine affordability for you. Availability and Contact Information: Honeywell Apartments, Phase II offers 35 low-income apartments in Bronx, NY. As there is often high demand, waiting lists may be in place. To determine eligibility and apply for residency, we encourage you to contact them directly using the provided phone number. Understanding the Application Process: When applying for residency at Honeywell Apartments, Phase II, it's crucial to include and verify the income of all adults expected to live in the apartment. For more detailed information regarding the application process, feel free to call and inquire. Apartment Types: - 1 bedroom apartments available - 2 bedroom apartments available By structuring the text with headings, we aim to provide a clear and organized overview of Honeywell Apartments, Phase II and the affordable housing opportunities they offer in Bronx, NY.
906 E 178th St, Bronx, NY 10460
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