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Delaware, OH: Offering Affordable Housing Options for Low-Income Individuals Overview: - Arthur Place Delaware is a Low-Income Housing Tax Credit apartment complex situated in Delaware, OH. - These rental apartments are designed to provide an affordable housing option for individuals with limited income. - By participating in the LIHTC program, the builders and developers receive incentives to offer housing solutions for low-income residents. - However, the rent charges are determined based on the Area Median Income (AMI), which may make it unaffordable for some low-income individuals. Affordability Considerations: - Before considering Arthur Place Delaware, it is essential to check the current rental rates to determine if they align with your budget. - The maximum rent charged is directly influenced by the AMI, which might pose challenges for low-income individuals. - As demand for affordable housing is high, there may be waiting lists for these apartments. - To apply and determine eligibility, direct contact with the apartment complex is recommended. Income Verification: - When applying for residency at Arthur Place Delaware, the income of all adults expected to live in the apartment must be included and verified. - This verification process helps ensure that the LIHTC units are allocated to individuals who meet the income eligibility criteria. - For further details on the income verification process, please contact the apartment complex directly. Contact Information: - To inquire about Arthur Place Delaware and its availability, please reach out to them using the provided contact number.
759 Woodford Way, Delaware, OH 43015
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