Timber Lake Avon

About This Building

Affordable Housing Option in Timber Lake Avon, OH - Introduction Timber Lake Avon offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program in Avon, OH. These rental apartments provide an opportunity for individuals seeking affordable housing. - LIHTC Support Supported by the LIHTC program, Timber Lake Avon ensures that rental apartments are available to low-income individuals who meet the program's rent and income restrictions. The LIHTC program incentivizes builders and developers to provide affordable housing options for those with limited financial resources. - Rent and Income Restrictions To determine the maximum rent charged, Timber Lake Avon follows the guidelines set by the Area Median Income (AMI). While this ensures affordability for many, it may still pose challenges for some low-income individuals. It is important to check the current rental rates to assess affordability. - Ample Low-Income Options Timber Lake Avon offers 252 low-income apartments, providing a wide range of choices for individuals in need. However, due to high demand, waiting lists for these apartments are common. - Applying and Qualifying To explore the possibility of living in Timber Lake Avon's affordable housing, reach out to them directly using the provided contact number. It is crucial to note that all adults expected to reside in the apartment must have their income included and verified during the application process. For further details, feel free to call and inquire. - TIP: Low Income Tax Credit (LIHTC) Units Remember to consider the eligibility criteria for LIHTC units when searching for affordable rentals. These units can provide significant financial relief for low-income individuals and families. - Conclusion Timber Lake Avon in Avon, OH, offers an affordable housing option through the LIHTC program. With its array of low-income apartments, it provides a potential solution for those seeking budget-friendly accommodations. Contact them directly to inquire about availability and the application process.