Park Meadows Ontario

About This Building

Affordable Housing Option at Park Meadows Ontario Overview: Park Meadows Ontario in Ontario, OH is a Low-Income Housing Tax Credit (LIHTC) apartment complex offering affordable rental apartments for individuals seeking an economical housing solution. The LIHTC provides incentives to builders and developers, fostering the provision of housing options for low-income individuals. Rental Rates and Income Restrictions: These rental apartments are supported by the LIHTC program, which imposes rent and income restrictions for eligible applicants. The maximum rent charged is determined by the Area Median Income (AMI). However, the AMI may render this apartment unaffordable for low-income individuals. A thorough check of the current rental rates is recommended to assess affordability. Number of Apartments: Park Meadows Ontario houses a total of 28 low-income apartments. Due to high demand, many apartments have waiting lists. It is advised to contact the complex directly using the provided phone number to inquire about application and qualification procedures. Important Considerations: 1. LIHTC Units: Familiarize yourself with the concept of Low-Income Tax Credit units for rent. 2. Inclusive Income Verification: When applying for this apartment, the income of all expected adult residents must be included and verified. For further details, please call for more information. Whether you're seeking affordable housing or wish to explore the LIHTC program, Park Meadows Ontario is a noteworthy option worth considering. Contact the complex directly for more information and to determine if it aligns with your requirements.