West Central Homes Toledo

About This Building

Title: West Central Homes Toledo - Affordable Housing for Low-Income Individuals Section 1: Introduction West Central Homes Toledo is a tax credit apartment complex situated in Toledo, OH. This residential community aims to provide affordable housing options for individuals seeking low-income accommodations. Section 2: Affordable Housing with Income Restrictions Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments adhere to specific income and rent restrictions. The LIHTC program provides incentives to builders and developers, encouraging the creation of housing units for low-income individuals. Section 3: Rent Based on Area Median Income The maximum rent charged at West Central Homes Toledo is determined by the Area Median Income (AMI). However, due to the AMI criteria, the affordability of this apartment may still be a concern for low-income applicants. We recommend checking the current rental rates to determine if it suits your financial situation. Section 4: Availability of Low-Income Apartments West Central Homes Toledo offers 32 low-income apartments. As demand for affordable housing is high, waiting lists for these apartments are common. To assess your eligibility and inquire about availability, please contact the apartment complex directly using the provided contact number. Section 5: Important Considerations - LIHTC Regulations When applying to live at West Central Homes Toledo, it is essential to note that income from all adults intending to reside in the apartment must be disclosed and verified during the application process. For more detailed information, we recommend contacting the apartment complex for further assistance.