Cranberry Meadows Beaver

About This Building

Title: Affordable Housing Option at Cranberry Meadows Beaver, OH Heading 1: Introduction Cranberry Meadows Beaver offers low-income individuals an opportunity to avail themselves of affordable housing through the Low-Income Housing Tax Credit (LIHTC) program. Heading 2: LIHTC Program Benefits The LIHTC program provides incentives to builders and developers, ensuring the provision of affordable housing for low-income individuals. These rental apartments are supported by the LIHTC, thereby offering program-based rent and income restrictions. Heading 3: Affordability Considerations The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it is important to note that the AMI criteria may render this apartment unaffordable for certain low-income applicants. To determine affordability, please check the current rental rates. Heading 4: Apartment Details Cranberry Meadows Beaver offers a total of 32 low-income apartments. Given the high demand for affordable housing, waiting lists are commonly encountered. Please contact the provided number directly to inquire about the application process and determine if you qualify to live here. Heading 5: Understanding LIHTC Units for Rent To be eligible for an apartment at Cranberry Meadows Beaver, the income of all adults expected to reside in the unit must be included and verified during the application process. Call for more details regarding income requirements and documentation. Note: The overall essence and key information from the original text have been retained while rephrasing and organizing the content.