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Affordable Housing Option: Figueroa Senior Hsg Los Angeles Incentives for Low-Income Housing: LIHTC Apartments in Los Angeles - Introduction: Figueroa Senior Hsg Los Angeles offers Low-Income Housing Tax Credit (LIHTC) apartments in Los Angeles, CA. - Affordable Rental Apartments: Supported by LIHTC, these rental apartments have program rent and income restrictions in place. - Providing for Low-Income Persons: The LIHTC program encourages builders and developers to offer affordable housing to individuals with low incomes. - Rent Based on Area Median Income: The maximum rent charged is determined by the Area Median Income (AMI), which might make this apartment unaffordable for some low-income individuals. - Checking Rental Rates: It is important to check the current rental rates to assess affordability. - 66 Low-Income Apartments: Figueroa Senior Hsg provides 66 low-income apartments, but there may be waiting lists. - Applying and Qualifying: Contact the management at the provided number to inquire about the application process and qualification criteria. - Tip: Understanding LIHTC Units: Learn about Low-Income Tax Credit (LIHTC) units available for rent. - Income Verification: All adults expected to reside in the apartment must include and verify their income during the application process. - Contact for Details: For more information and detailed inquiries, please call the provided number.
5505 S Figueroa St, Los Angeles, CA 90037
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