Belmore Apartments East Cleveland

About This Building

Affordable Housing Option in East Cleveland, OH - Discover Belmore Apartments East Cleveland, a Low-Income Housing Tax Credit apartment, offering affordable rental apartments in East Cleveland, OH. - Supported by the LIHTC program, these apartments have rent and income restrictions in place, ensuring affordability for low-income individuals and families. - Incentives for Affordable Housing - The LIHTC program encourages builders and developers to provide affordable housing options for low-income individuals, making it a win-win for both parties. - Based on Area Median Income (AMI) - The maximum rent charged at Belmore Apartments is determined by the Area Median Income (AMI) of the region, ensuring affordability within the community. - Ensuring Accessibility - While the AMI may make the apartment unaffordable for some low-income individuals, it is essential to check the current rental rates to determine if it fits within your budget. - Ample Availability - With 22 low-income apartments available, there is a possibility of waiting lists. However, by directly contacting Belmore Apartments, you can inquire about possible vacancies and the application process. - Understanding LIHTC - Gain knowledge about the Low-Income Housing Tax Credit (LIHTC) program, as it plays a significant role in providing units for rent to individuals and families in need. - Comprehensive Income Verification - To ensure eligibility, it is important to include and verify the income of all adults planning to reside at Belmore Apartments during the application process. Contact us for further details and clarifications.