Casa Verde Apartments

About This Building

Affordable Housing Option at Casa Verde Apartments in Los Angeles, CA Introduction: Casa Verde Apartments, situated in Los Angeles, CA, is a Low-Income Housing Tax Credit apartment that provides affordable housing options for individuals seeking economical accommodations. Supported by the LIHTC program, these rental apartments adhere to specific rent and income restrictions to cater to low-income individuals. AMI-based Rent Control: The LIHTC program offers incentives to builders and developers to ensure the availability of affordable housing for low-income individuals. The maximum rent charged at Casa Verde Apartments is determined based on the Area Median Income (AMI). However, it is crucial to note that the AMI-based rent might still pose affordability challenges to low-income individuals. Prospective tenants are advised to check the current rental rates to assess if it fits their budget. Low-Income Apartments and Income Limits: Casa Verde Apartments comprises a total of 29 low-income apartments. Eligible applicants must fall within the earnings maximum range of either 35% or 50% of the area median income limits. The income limits for different family sizes are as follows: 1. Family Size: 1 - Income Limit (35%): $20,930 - Income Limit (50%): $29,900 2. Family Size: 2 - Income Limit (35%): $23,940 - Income Limit (50%): $34,200 3. Family Size: 3 - Income Limit (35%): $26,915 - Income Limit (50%): $38,450 4. Family Size: 4 - Income Limit (35%): $29,890 - Income Limit (50%): $42,700 Office Hours and Application Process: Casa Verde Apartments' office operates from Monday to Friday, 9 am to 5 pm. Considering the high demand for affordable housing, it is common for apartments to have waiting lists. To inquire about the availability and eligibility criteria for the LIHTC units, please contact them directly using the provided phone number. Remember to include income details of all adults expected to reside at the apartment during the application process. Apartment Options: - 1-bedroom apartments at this location - 2-bedroom apartments at this location - 3-bedroom apartments at this location - 4-bedroom apartments at this location Conclusion: Casa Verde Apartments offers an affordable housing option through LIHTC in Los Angeles, CA. To learn more about the LIHTC program and its rental units, please contact Casa Verde Apartments directly.