Racquette Acres Potsdam

About This Building

Affordable Housing Option in Potsdam, NY: Racquette Acres Potsdam Overview: Racquette Acres Potsdam is a housing development in Potsdam, NY that offers Low-Income Housing Tax Credit (LIHTC) apartments. These rental units are designed to provide affordable housing for individuals and families with limited incomes. Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to create affordable housing options for low-income individuals. Rent for these apartments is determined based on the Area Median Income (AMI), ensuring affordability for eligible tenants. However, it's important to note that the AMI may still pose a financial challenge for some low-income individuals. Apartment Details: The development consists of 100 low-income apartments, ranging from one to four bedrooms. Due to high demand, there may be waiting lists for these units. If you're interested, we recommend contacting the management directly to inquire about availability and eligibility. Qualification Criteria: To apply for a LIHTC apartment, income verification for all adults intending to reside in the unit is required. Contact the management for specific application requirements and further details. Apartment Types: - 1-bedroom apartments: - 2-bedroom apartments: - 3-bedroom apartments: - 4-bedroom apartments: Conclusion: Racquette Acres Potsdam offers affordable housing options through the LIHTC program. If you are seeking an affordable place to live in Potsdam, NY, contact the management to determine if these apartments meet your needs and qualifications.