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Affordable Housing in Bedford Heights, OH at Mother Teresa Commons: Taking Advantage of Low-Income Tax Credit Homes Introduction: Welcome to Mother Teresa Commons, an apartment complex that offers affordable housing options through the Low-Income Housing Tax Credit (LIHTC) program. If you're on the lookout for reasonably priced rentals, our LIHTC-supported units feature program-specific rent and income restrictions, ensuring affordability for low-income individuals. Income Restrictions and Rent: To encourage builders and developers to provide housing for those with limited income, the LIHTC program determines the maximum rent based on the Area Median Income (AMI). However, it is important to note that AMI-based pricing may still be challenging for some low-income individuals. To determine whether our apartments fit within your budget, please check our current rental rates. Number of Units: At Mother Teresa Commons, we offer a total of 44 low-income apartments, providing housing opportunities for individuals and families in need. Waiting Lists and Application Process: As demand for affordable apartments is high, it's common for most complexes to have waiting lists. To find out if you qualify and can apply for a unit at Mother Teresa Commons, we encourage you to contact us directly using the provided phone number. Considerations for Application: When applying for an apartment at Mother Teresa Commons, please note that the income of all adults who will be living in the unit must be included and verified during the application process. For more detailed information regarding eligibility, please give us a call. Conclusion: By utilizing the LIHTC program, we aim to alleviate the housing burden on low-income individuals in Bedford Heights, OH. Mother Teresa Commons provides an opportunity for those in need to secure affordable housing. Contact us today to learn more about our offerings and see if you qualify to call this community your home.
25031 Columbus Rd, Bedford Heights, OH 44146
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