375 Mount Hope Ave Rochester

About This Building

Title: Affordable Housing Opportunity in Rochester, NY Heading 1: Welcome to 375 Mount Hope Ave - A Low-Income Housing Tax Credit Apartment 375 Mount Hope Ave in Rochester, NY, offers a wonderful opportunity for those seeking affordable housing options. As a Low-Income Housing Tax Credit (LIHTC) supported apartment complex, it provides rental apartments to individuals or families who meet the program's rent and income restrictions. Heading 2: The LIHTC Program and Its Benefits The LIHTC program offers incentives to builders and developers, encouraging them to create housing options for low-income individuals. In adherence to this program, the maximum rent that can be charged at 375 Mount Hope Ave is determined based on the Area Median Income (AMI). It's important to note that the AMI might render this apartment unaffordable for some low-income individuals. Therefore, considering the current rental rates is crucial to determining affordability. Heading 3: How many apartments are available and potential waiting lists? In total, 375 Mount Hope Ave accommodates 27 low-income apartments. Due to the high demand, most apartments these days operate with waiting lists. However, we provide this listing to enable you to directly contact the apartment complex and explore the possibility of applying and qualifying for residency. Heading 4: Understanding the Application Process and Income Requirements When applying for residency at 375 Mount Hope Ave, it is essential to include and verify the income of all adults expected to reside in the apartment. For complete details on the application process and income requirements, please call for more information. Heading 5: Apartment Options At 375 Mount Hope Ave, you can find various apartment options to suit your needs and preferences. They offer: - 1 bedroom apartments at this location - 2 bedroom apartments at this location - 3 bedroom apartments at this location