Yorktown Village Ada

About This Building

Affordable Housing Option in Yorktown Village Ada: Low-Income Housing Tax Credit Apartments Introduction: Located in Ada, OH, Yorktown Village Ada offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments are supported by the LIHTC, which provides incentives to builders and developers to offer affordable housing to individuals with low incomes. Rent and Income Restrictions: To ensure affordability, the rental rates in these apartments are determined based on the Area Median Income (AMI). However, it is important to note that the AMI calculation may still make this apartment unaffordable for low-income individuals. We recommend checking the current rental rates to assess if it fits within your budget. Available Low-Income Apartments: Yorktown Village Ada features 29 low-income apartments, which may be subject to waiting lists due to their popularity. However, we provide the contact information below, so you can reach out directly and inquire about the application process and your eligibility. Application Requirements: When applying for an apartment in Yorktown Village Ada, please be aware that the income of all adults planning to reside in the apartment must be included and verified. For further details regarding the application process and eligibility criteria, we encourage you to call and inquire. Conclusion: Living in Yorktown Village Ada can provide an affordable housing solution for those with low incomes. By understanding the LIHTC program and its benefits, you can take advantage of the opportunities available and potentially secure a place in this community. Contact the management team for more information on the application process and availability.