Gateway Village Englewood

About This Building

Gateway Village Englewood: Affordable Housing Option in Englewood, OH Introduction: Gateway Village Englewood is a low-income housing tax credit apartment complex situated in Englewood, OH. These rental apartments offer an affordable housing option, as they are supported by the LIHTC (Low-Income Housing Tax Credit) program, which imposes rent and income restrictions to ensure affordability for eligible individuals. Rent and Income Restrictions: The LIHTC program provides incentives to builders and developers to create affordable housing options for low-income individuals. The maximum rent charged at Gateway Village is determined based on the Area Median Income (AMI). However, it's important to note that the AMI-based rent may still be unaffordable for some low-income individuals. Affordability Considerations: To assess affordability, it is advisable to check the current rental rates. Given the high demand for affordable apartments, waiting lists are common in most cases. Hence, we provide the contact information of Gateway Village so that you can reach out to them directly to inquire about the application process and eligibility requirements. Tips for Renting LIHTC Units: When applying for an apartment at Gateway Village Englewood, it is crucial to include and verify the income of all the adults who are expected to reside in the unit. For more information and specific details, please contact the provided number. Conclusion: Gateway Village Englewood offers an affordable housing solution with 26 low-income apartments. By understanding the LIHTC program and its features, you can determine if this housing option aligns with your affordability needs. Reach out to Gateway Village today to explore the application process and potential qualification.