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Affordable Housing Option in Streetsboro, OH - Village Square Streetsboro: Low-Income Housing Tax Credit Apartment Looking for affordable housing in Streetsboro, OH? Village Square Streetsboro offers Low-Income Housing Tax Credit apartments, providing a suitable option for those seeking affordability. These rental apartments are supported by the LIHTC program, which imposes rent and income restrictions to ensure affordability for low-income individuals. Incentives for Affordable Housing The LIHTC program incentivizes builders and developers to offer affordable housing to individuals with low incomes. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it is important to note that the AMI may still render this apartment unaffordable for some low-income individuals. To determine affordability for yourself, please check the current rental rates. 54 Low Income Apartments Available Streetsboro Village Square has a total of 54 low-income apartments available. As demand for affordable housing is high, it is common for apartments to have waiting lists. To explore the possibilities of residing here, we provide you with the contact information to directly reach out to the management. Get in touch with them and inquire about the application process and qualification criteria. Important Details for Application To apply for an apartment at Streetsboro Village Square, it is essential to include and verify the income from all adults who are expected to reside there. This information needs to be provided at the time of application. Feel free to call for more detailed information regarding the application process. Discover the Benefits of LIHTC Units By understanding the concept of Low-Income Housing Tax Credit (LIHTC) units, you can better navigate the affordable housing market. LIHTC apartments offer a much-needed solution for low-income individuals and families seeking affordable homes. Consider the benefits and explore the opportunities available in Streetsboro and beyond.
1482 Russell Dr., Streetsboro, OH 44241
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