Riverhead Landings, Phase Ii Riverhead

About This Building

Riverhead Landings, Phase II: Affordable Housing Option in Riverhead, NY Welcome to Riverhead Landings, Phase II, an apartment complex supported by the Low-Income Housing Tax Credit (LIHTC) program. Located in Riverhead, NY, these rental apartments offer an affordable housing option for those in need. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers, encouraging them to offer housing options for low-income individuals and families. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it is important to note that the AMI might make this apartment unaffordable for some low-income individuals. Rent and Income Restrictions: To determine the affordability for your specific situation, we encourage you to check the current rental rates. Keep in mind that these apartments are subject to income restrictions set by the LIHTC program. Therefore, it is essential to consider your income when evaluating the affordability of these apartments. 44 Low-Income Apartments: Riverhead Landings, Phase II, offers a total of 44 low-income apartments. As demand for affordable housing is high these days, it is common for such apartments to have waiting lists. However, we provide you with the contact information so that you can inquire directly about the application process and qualifications. Structuring the Text: 1. Riverhead Landings, Phase II: An Affordable Housing Option in Riverhead, NY 2. Incentives for Affordable Housing: LIHTC Program 3. Rent and Income Restrictions: Determining Affordability 4. 44 Low-Income Apartments: Availability and Waiting Lists 5. How to Apply: Contact Information and Qualification Details