Park Place Apartments Elizabethtown

About This Building

Affordable Housing Option in Elizabethtown - Park Place Apartments Park Place Apartments, located in Elizabethtown, PA, offers Low-Income Housing Tax Credit (LIHTC) apartments for those seeking affordable housing. Supported by the LIHTC program, these rental apartments have specific rent and income restrictions, ensuring accessibility to low-income individuals. Incentivizing Affordable Housing The LIHTC program encourages builders and developers to offer affordable housing options to low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI), thereby guaranteeing affordability. However, it's important to note that the AMI may still pose challenges for some low-income individuals in terms of affordability. Check Rental Rates Before making any decisions, it is recommended to check the current rental rates to determine affordability for your specific situation. Keep in mind that there are 32 low-income apartments available at Park Place Apartments, and due to the high demand for affordable housing, waiting lists are common. Applying for Housing To apply for residency at Park Place Apartments, it is essential to contact them directly using the provided phone number. The application process will require verification of income from all adults who are expected to reside in the apartment. For more information and details, feel free to reach out. One-Bedroom Apartments Available Park Place Apartments offers 1-bedroom apartments as part of their affordable housing options. These units are suitable for individuals or small households seeking comfortable and cost-effective living spaces. Explore the Benefits of LIHTC Units Discover more about the advantages of Low-Income Tax Credit (LIHTC) units for rent. If you have specific questions or require additional information, don't hesitate to call and inquire further. The knowledgeable team at Park Place Apartments is available to provide more details to assist you in making an informed decision.