Royal Mall Apartments Niles

About This Building

Title: Royal Mall Apartments Niles - Affordable Housing Option in Niles, OH Heading 1: Overview of Royal Mall Apartments Niles Heading 2: The Benefits of LIHTC and Income Restrictions Heading 3: Determining Affordability and Availability Text: Royal Mall Apartments Niles: Affordable Housing Option in Niles, OH Welcome to Royal Mall Apartments Niles, a Low-Income Housing Tax Credit apartment complex situated in Niles, OH. If you are seeking an affordable housing solution, these rental apartments are supported by LIHTC with applicable program rent and income restrictions. The Benefits of LIHTC and Income Restrictions The LIHTC program offers incentives to builders and developers to create affordable housing options for individuals with low income. The maximum rent charged for these apartments is calculated based on the Area Median Income (AMI). However, it's important to note that the AMI may still render this apartment unaffordable for low-income individuals. To determine whether it fits your budget, we recommend checking the current rental rates. Determining Affordability and Availability With 163 low-income apartments available, Royal Mall Apartments Niles aims to accommodate a diverse range of residents. However, as demand for affordable housing is high, waiting lists for these units are not uncommon. To inquire about your eligibility and apply to live here, please utilize the provided contact number. TIP: Knowing About LIHTC (Low Income Tax Credit) Units for Rent It's crucial to include and verify the income of all adults expected to reside in this apartment upon application. For further details, feel free to call and speak with our representatives. By restructuring the text and adding headings, the information about Royal Mall Apartments Niles is presented in a more organized and reader-friendly manner.