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Affordable Housing Option: East Crown Apartments Akron Supporting Low-Income Individuals and Families East Crown Apartments Akron offers a prime housing solution for those seeking affordability in Akron, OH. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments ensure that income restrictions are in place, making them an ideal choice for low-income individuals and families. Incentivizing Affordable Housing The LIHTC program provides builders and developers with incentives to create housing options that are within reach for low-income individuals. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI), which ensures fair affordability standards. Considerations for Affordability While these apartments aim to be affordable, individuals with low income must take into account the AMI as it may affect their affordability. Review the current rental rates to determine if they align with your financial situation. Availability and Waiting Lists Located in Akron, there are a total of 108 low-income apartments available at East Crown Apartments. Given the growing demand for affordable housing options, it is common for such apartments to have waiting lists. To inquire about availability and apply to live here, please contact them directly using the provided phone number. How to Apply When applying for an apartment at East Crown Apartments, keep in mind that the income of all adults expected to reside there must be included and verified during the application process. For more details, feel free to call and speak with a representative. Unlocking the Potential of LIHTC By understanding the concept of Low-Income Tax Credit (LIHTC) units, individuals can explore various rental opportunities. These units are designed to assist low-income individuals and families in securing affordable housing. Don't miss out on the chance to benefit from this program.
468 Sherman St., Akron, OH 44311
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