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Affordable Housing Option at Burdick Apartments Watertown, NY - Low-Income Housing Tax Credit (LIHTC) Rental Apartments Looking for an affordable housing option in Watertown, NY? Look no further than Burdick Apartments, which benefit from the Low-Income Housing Tax Credit program. These rental apartments have rent and income restrictions in accordance with the LIHTC guidelines. - Incentives for Affordable Housing The LIHTC program offers incentives to builders and developers to provide housing options for low-income individuals, ensuring affordability within the community. The maximum rent charged is determined based on the Area Median Income (AMI), which can sometimes make the apartment unaffordable for those with very low incomes. It is advised to check the current rental rates to determine the affordability for you. - Limited Apartments and Waiting Lists Located at Burdick Apartments, there are 28 low-income apartments available. However, given the demand for affordable housing these days, waiting lists are common. We provide their contact number so that you can directly inquire about potential application and qualification. It is important to consider LIHTC (Low Income Tax Credit) units, which are specifically designated for rent to low-income individuals. - Application Details and Income Verification When applying to reside in these apartments, the income of all adult residents must be included and verified. For further information and specific details, please call the provided contact number. - Offering 1-Bedroom Apartments At Burdick Apartments, they offer 1-bedroom apartments. These units can be a cozy and comfortable housing solution for individuals or couples.
114 Franklin St, Watertown, NY 13601
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