Vale Housing Revitalization Schenectady

About This Building

Title: Affordable Housing Opportunity at Vale Housing Revitalization Introduction: Vale Housing Revitalization in Schenectady, NY, offers Low-Income Housing Tax Credit (LIHTC) apartments for individuals seeking affordable housing options. These rental apartments are subject to program rent and income restrictions, ensuring accessibility for low-income individuals. Affordable Housing through LIHTC: The LIHTC program incentivizes builders and developers to provide affordable housing options for low-income individuals. Maximum rent charges are determined based on the Area Median Income (AMI). However, it is important to note that this AMI factor may still render the apartment unaffordable for some low-income individuals. To determine affordability, it is recommended to check the current rental rates. Available Units: Vale Housing Revitalization offers 40 low-income apartments at their location. Considering the demand for affordable housing, it is not unusual for waiting lists to be in place. However, we provide their contact information for you to directly inquire about the application process and determine your eligibility. Unit Details: 1. Two-Bedroom Apartments: Vale Housing Revitalization offers comfortable two-bedroom apartments at their location. Contact them directly for more information. 2. Three-Bedroom Apartments: Spacious three-bedroom apartments are also available at Vale Housing Revitalization. Feel free to reach out to them for details regarding availability and eligibility. Application Requirements: To apply for residency at Vale Housing Revitalization, the income of all expected adult occupants must be included and verified during the application process. For further information or clarification, please call Vale Housing Revitalization for assistance. Conclusion: Vale Housing Revitalization in Schenectady, NY, presents an excellent opportunity for individuals seeking affordable housing. By participating in the LIHTC program, this apartment complex offers apartments with rent and income restrictions to accommodate low-income individuals. Contact Vale Housing Revitalization directly for more details and to determine your eligibility for these units.