Melrose Commons - Site 5 Bronx

About This Building

Affordable Housing Option at Melrose Commons - Site 5 Bronx Explore Low-Income Housing Tax Credit Apartments in Bronx, NY! Looking for an affordable place to call home? Melrose Commons - Site 5 Bronx offers rental apartments supported by the LIHTC, ensuring the availability of housing for low-income individuals and families. The program sets rent and income restrictions, making it an accessible option for those in need. Incentivizing Affordable Housing The LIHTC program provides builders and developers with incentives to create housing options that are affordable for low-income individuals. The maximum rent for these apartments is determined based on the Area Median Income (AMI). However, it's important to note that the AMI may still pose affordability challenges for some low-income individuals. Check Rental Rates and Availability To determine whether this apartment meets your budget, it's essential to check the current rental rates. Please bear in mind that there may be waiting lists for most apartments. However, we provide this listing for your convenience, so you can directly contact the housing management team at the provided number to inquire about application procedures and qualifications. Considerations for Eligibility When applying, keep in mind that the income of all adults planning to reside in this apartment must be included and verified. For further details on eligibility criteria, feel free to call and gather more information. Comfortable 1 Bedroom Apartments Melrose Commons - Site 5 Bronx offers 1-bedroom apartments, providing a cozy space for individuals or small families. Take advantage of the LIHTC program and explore the affordable housing opportunities available at Melrose Commons - Site 5 Bronx today!