Ashland Essex House Ashland

About This Building

Affordable Housing Option at Ashland Essex House in Ashland, OH - Overview: Ashland Essex House offers Low-Income Housing Tax Credit (LIHTC) apartments in Ashland, Ohio. These rental apartments are aimed at providing affordable housing options to individuals with limited income. The LIHTC program ensures that the rents and income restrictions are appropriate for eligible residents. - Incentives for Affordable Housing: The LIHTC program encourages builders and developers to contribute to the availability of affordable housing for low-income individuals. By participating in this program, developers receive incentives to offer rental apartments at a reduced cost. - Rent Based on Area Median Income (AMI): The maximum rent charged at Ashland Essex House is determined by the Area Median Income (AMI). However, it's important to note that this AMI may still make the apartments unaffordable for those with low incomes. It is advisable to check the current rental rates to determine if they fit within your budget. - Number of Apartments: At Ashland Essex House, there are a total of 45 low-income apartments available. Due to the high demand for such affordable housing options, these apartments may have waiting lists. - How to Apply: To apply for residency at Ashland Essex House, contact the management directly using the provided phone number. It is recommended to reach out to them and inquire about your eligibility and the application process. - Considerations for Application: When applying for a rental apartment at Ashland Essex House, it is essential that the income of all adult individuals planning to reside in the apartment is included and verified. This requirement ensures a fair evaluation of eligibility. For further details, please call and discuss your specific situation.