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Affordable Housing Option in Avalon Building Newark Looking for a low-income housing solution in Newark, OH? Look no further than Avalon Building Newark, a Low-Income Housing Tax Credit (LIHTC) apartment. Supported by the LIHTC program, these rental apartments offer affordable living with specified rent and income restrictions. Incentivizing Builders and Developers The LIHTC program aims to encourage builders and developers to provide housing options for individuals with low income. The maximum rent charged for these apartments is based on the Area Median Income (AMI). However, it's important to note that the AMI may make this apartment unaffordable for some low-income individuals. To determine affordability, please check the current rental rates. Limited Availability With 20 low-income apartments, availability may be limited. Many apartments have waiting lists in today's market. To seek further information and determine eligibility, we provide the contact number for direct communication with Avalon Building Newark. Understanding LIHTC Units When applying for this apartment, it is crucial to include and verify the income of all adults who will reside in the unit. Please contact for more details. Consider Avalon Building Newark for an affordable housing solution that takes into account your financial needs.
86 W Main St, Newark, OH 43055
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