Arbourway Apartments North Lewisburg

About This Building

Title: Affordable Housing Option at Arbourway Apartments North Lewisburg, OH Heading 1: Introduction Arbourway Apartments North Lewisburg is a Low-Income Housing Tax Credit apartment situated in North Lewisburg, OH. If you are seeking an affordable housing option, these rental apartments are supported by the LIHTC program, which imposes rent and income restrictions. Heading 2: LIHTC Incentives The LIHTC program offers incentives to builders and developers, encouraging them to provide affordable housing to individuals with low income. To ensure affordability, the maximum rent charged is based on the Area Median Income (AMI). However, it is worth noting that the AMI calculation may render these apartments unaffordable for some low-income individuals. Heading 3: Current Rental Rates To determine if these apartments are within your budget, it is advisable to check the current rental rates. The AMI-based pricing can vary, making it important to verify affordability before making a decision. Heading 4: Availability and Application Process Arbourway Apartments offers 32 low-income units, but given the high demand, waiting lists may be in place. We provide this listing so you can contact them directly at the given number to inquire about availability and to apply for qualification. Heading 5: Important Considerations When applying, it is essential to note that all adults' expected income, who will reside in the apartment, must be included and verified. For more details about the application process and eligibility requirements, kindly call for further assistance. Heading 6: TIP: Low-Income Tax Credit Units for Rent Familiarize yourself with the concept of LIHTC units, as understanding this program can assist you in identifying appropriate rental opportunities that align with your financial situation.