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Affordable Housing Option in Smithfield, VA: Cedar Street Apartments - Introduction: Located in Smithfield, VA, Cedar Street Apartments offer low-income housing options supported by the Low-Income Housing Tax Credit (LIHTC) program. - LIHTC Program: The LIHTC program grants incentives to builders and developers who provide affordable housing options for individuals with low incomes. These rental apartments are subject to program rent and income restrictions, ensuring affordability for eligible tenants. - Rent Based on AMI: The maximum rent charged at Cedar Street Apartments is determined by the Area Median Income (AMI). It is important to note that this factor may render the apartment unaffordable for some low-income individuals. Therefore, it is advisable to check the current rental rates to determine affordability. - 24 Two-Bedroom Apartments: Cedar Street Apartments offer 24 low-income two-bedroom apartments, providing a variety of housing options to suit individual needs. - Waiting Lists: As is common with many apartment complexes, waiting lists may be in place. To explore the possibility of applying and qualifying for residency, it is recommended to directly contact Cedar Street Apartments using the provided contact number. By arranging the information under different headings, the text has been restructured to present a varied perspective on Cedar Street Apartments.
545 Cedar Street, Smithfield, VA 23430
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