Lincoln Park 1-b Springfield

About This Building

Affordable Housing Option in Springfield, OH - Lincoln Park 1-b Introduction: Looking for an affordable housing option in Springfield? Consider Lincoln Park 1-b, a Low-Income Housing Tax Credit apartment complex. Supported by the LIHTC program, these rental apartments offer both program rent and income restrictions for eligible individuals. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers, encouraging them to offer affordable housing options to low-income individuals. By participating in this program, Lincoln Park 1-b ensures that the maximum rent charged is based on the Area Median Income (AMI). However, it is important to note that the AMI may still make this apartment unaffordable for some low-income individuals. Rental Rates: To determine whether Lincoln Park 1-b is within your budget, it is advisable to check the current rental rates. As the number of low-income apartments in this complex is limited to 68, it is essential to act proactively due to the potential waiting lists. Applying for Residence: To inquire about eligibility and apply for residence, contact the management directly using the provided contact number. It is essential to note that when applying, the income of all adults expected to reside at this apartment must be included and verified. Conclusion: If you are seeking an affordable housing option in Springfield, Lincoln Park 1-b is worth considering. As a LIHTC apartment complex, it offers potential benefits to low-income individuals. Get in touch with the management for further details on income qualifications and application process.