Concord Apartments

About This Building

Affordable Housing Option in Newark, OH: Concord Apartments Introduction: Concord Apartments, located in Newark, OH, offers Low-Income Housing Tax Credit apartments, providing an affordable housing solution to individuals in need. Supported by the LIHTC program, these rental apartments have specific rent and income restrictions. Understanding LIHTC and Rent Limits: The LIHTC program incentivizes builders and developers to create affordable housing for individuals with low incomes. The maximum rental charges are determined based on the Area Median Income (AMI). However, it's important to note that the AMI may still pose a challenge for low-income individuals, making this apartment complex potentially unaffordable. Apartment Details: Concord Apartments consists of 50 low-income one, two, and three-bedroom apartments, catering to a range of housing needs. Office hours are as follows: Mon, Tue, Fri - 8 am to 12 pm & 1 pm to 5 pm. Waiting List and Application Process: Typically, most apartments have waiting lists, and Concord Apartments is no exception. To find out if you are eligible and can apply to live here, reach out directly using the provided contact number. The management will provide you with all the necessary information. Acceptance of HUD Subsidies: Concord Apartments gladly accepts HUD subsidies, providing additional assistance to eligible individuals. If you qualify for low-income housing and there are available apartments, your rent will be based on 30% of your Adjusted Gross Income. For further details, feel free to call and inquire. Apartment Availability: Concord Apartments offers apartments in different sizes, catering to various housing needs: - 1-bedroom apartments are available at this location. - 2-bedroom apartments are available at this location. - 3-bedroom apartments are available at this location. Conclusion: If you are seeking affordable housing in Newark, OH, Concord Apartments could be an option worth considering. However, it is vital to check the current rental rates to determine if they align with your budgetary constraints. Contact the management to learn more about the application process, qualification criteria, and availability of these rental apartments.