Park Avenue Apartments Lancaster

About This Building

Park Avenue Apartments Lancaster: Affordable Housing Option in Lancaster, PA Introduction: Park Avenue Apartments Lancaster is a sought-after Low-Income Housing Tax Credit apartment situated in Lancaster, PA. As an ideal affordable housing solution, these rental apartments are backed by the LIHTC program, emphasizing rent and income restrictions for eligible individuals. LIHTC and Affordable Housing: The LIHTC program acts as a catalyst for builders and developers, encouraging the provision of affordable housing to low-income individuals. The maximum rent charged is based on the Area Median Income (AMI), ensuring suitability for individuals falling within this income bracket. However, please note that due to this AMI factor, this apartment may still pose affordability concerns for those with low income. Checking Rental Rates: To ascertain affordability, we recommend checking the current rental rates. Keep in mind that with 24 low-income apartments available, demand might exceed supply, leading to waitlists. Nevertheless, we provide this listing to enable direct contact with Park Avenue Apartments Lancaster. Feel free to reach out to their dedicated number and inquire about potential lease applications and qualification criteria. Insight into Available Units: 1 Bedroom Apartments: Park Avenue Apartments offers comfortable 1-bedroom apartments within their premises. 2 Bedroom Apartments: Additionally, Park Avenue Apartments provides spacious 2-bedroom apartments, catering to varying accommodation needs. Attention to Details: When applying, it is essential to include and verify the income of all adults expected to reside in the apartment. For further information, contact Park Avenue Apartments to acquire comprehensive details about this requirement. Conclusion: For those seeking affordable housing options in Lancaster, PA, Park Avenue Apartments Lancaster serves as an excellent choice. Take advantage of the LIHTC program and explore suitable apartments that align with your budget and preferences.