Salem Commons Apartments

About This Building

Affordable Housing Option in Salem Commons, Salem, OH Introduction: Salem Commons offers Low-Income Housing Tax Credit (LIHTC) apartments to individuals seeking an affordable housing option in Salem, OH. Supported by LIHTC, these rental apartments come with program rent and income restrictions, making them an attractive choice for low income persons. Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to provide housing for individuals with low income. By offering tax credits, this program ensures that apartments are made affordable for those who need it the most. The maximum rent charged is based on the Area Median Income (AMI), which may affect the affordability of this apartment for some low income individuals. Rental Rates: Due to the limitations imposed by the AMI, it is important to check the current rental rates to determine if this apartment is within your budget. While the SAlem Commons may not be affordable for all low income persons, it offers 48 low income apartments. It is worth noting that waiting lists are common for most apartments these days. Application Process: To apply and verify eligibility to live in Salem Commons, we recommend contacting them directly at the provided number. Additionally, it is essential to include and verify the income of all expected adult residents at the time of application. For more details on the application process, don't hesitate to call and inquire. Conclusion: Salem Commons provides an affordable housing option through the LIHTC program in Salem, OH. While income and rental restrictions may affect affordability for some low income individuals, it is advisable to contact them directly to explore the possibilities of living in this community. Call for more details and take advantage of the LIHTC program today.