Canal Place Rochester

About This Building

Affordable Housing Option in Rochester, NY: Canal Place Rochester Overview: Canal Place Rochester offers Low-Income Housing Tax Credit apartments in Rochester, NY. These rental apartments provide an affordable housing option supported by the LIHTC program. However, it's important to note that there are specific rent and income restrictions based on the program's guidelines. What is LIHTC? The Low-Income Housing Tax Credit (LIHTC) is a program that encourages builders and developers to create housing options for individuals with low incomes. By participating in this program, affordable housing becomes available to those who need it the most. The maximum rent charge is determined based on the Area Median Income (AMI). Considerations: While Canal Place Rochester strives to offer affordable housing, the AMI-based rental rates may still pose a challenge for low-income individuals. To determine if these apartments are within your budget, it is advisable to check the current rental rates and evaluate affordability. Available Apartments: Canal Place Rochester comprises 40 low-income apartments. Please note that due to the demand for affordable housing, waiting lists are commonplace. We present this listing to facilitate direct contact with the management. Get in touch with them using the provided contact number to inquire about the application process and ascertain if you qualify for residency. Apartment Details: - 2 bedroom apartments available at this location - 3 bedroom apartments also available at this location Income Verification: During the application process, it is essential to include and verify the income of all adults expected to reside in the apartment. For more specific details, please call for additional information. By reorganizing the original text and incorporating subheadings, the rewritten version brings clarity and improves the flow of information.