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Affordable Housing Option in Waverly, OH: Beverly Senior Apartments Overview: Beverly Senior Apartments Waverly offers Low-Income Housing Tax Credit apartments for individuals seeking affordable housing. With the support of LIHTC and its corresponding rent and income restrictions, these rental apartments provide a feasible choice for low-income individuals. Incentives for Affordable Housing: The LIHTC program encourages builders and developers to create affordable housing options for low-income individuals. By offering incentives, this program ensures that maximum rent charges are based on the Area Median Income (AMI). However, it is important to note that the AMI limits may render this apartment unaffordable for some low-income individuals. Rental Rates and Availability: Before considering Beverly Senior Apartments Waverly, it is crucial to check the current rental rates to determine affordability. With just 32 low-income apartments available, there may be a waiting list for prospective tenants. To inquire about applying and qualifying for residency, please contact the provided number directly. Important Information on LIHTC Units: When applying for this apartment, it is essential to include and verify the income of all expected adult residents. Further details can be obtained by calling for more information. Note: Knowing about LIHTC (Low-Income Tax Credit) units for rent can be beneficial for individuals seeking affordable housing options.
401 Beverly Ave, Waverly, OH 45690
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