Figueroa Oaks

About This Building

Affordable Housing Option in Los Angeles: Figueroa Oaks Apartments Looking for an affordable place to call home? Look no further than Figueroa Oaks Apartments, a Low-Income Housing Tax Credit (LIHTC) apartment complex in Los Angeles, CA. These rental apartments are specifically designed to cater to low-income individuals and families, with rental rates and income restrictions determined by the LIHTC program. LIHTC: Promoting Affordable Housing for All With the aim of providing affordable housing to those with limited financial resources, the LIHTC program offers incentives to builders and developers. The maximum rent charged at Figueroa Oaks is based on the Area Median Income (AMI), ensuring that the apartments remain within a reasonable price range. However, it is essential to note that for some low-income individuals, even the AMI-based rent may still be unaffordable. Check Current Rental Rates Before making any decisions, it is crucial to determine whether the rental rates at Figueroa Oaks Apartments fit your budget. Since affordable housing options are in high demand, there is a possibility of waiting lists. Nevertheless, we provide this listing to facilitate direct contact with the management. Reach out to them to inquire about the application process and to check if you meet the qualifications. Various Apartment Sizes Available At Figueroa Oaks Apartments, there is a range of options to suit different needs. Choose from comfortable one-bedroom or spacious two-bedroom apartments. Whether you are an individual or a larger family, you can find an apartment that meets your requirements. Application Requirements and Details When applying for an apartment at Figueroa Oaks, keep in mind that the income of all adults expected to reside in the apartment must be included and verified during the application process. For more information on eligibility and application details, please contact the management team, who will be happy to provide you with further assistance. Consider LIHTC Units Familiarize yourself with Low Income Tax Credit units for rent (LIHTC) as they provide an excellent opportunity for affordable housing. By exploring LIHTC options, you may find additional affordable housing options that suit your needs. Take the first step towards affordable housing by exploring Figueroa Oaks Apartments today. Contact the management team directly using the provided phone number to inquire about availability and qualifications. Your ideal affordable home may just be a phone call away.