Nihonmachi Terrace - San Francisco

About This Building

Affordable Housing Option in San Francisco: Nihonmachi Terrace Overview: Welcome to Nihonmachi Terrace, a unique apartment complex in San Francisco, CA. This community is dedicated to providing affordable housing options to low-income individuals and families. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments come with specific rent and income restrictions. Rent and Income Restrictions: The LIHTC program offers incentives to builders and developers to create affordable housing for individuals with low-income. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it's important to note that the AMI calculation may make this apartment complex unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if they are within your budget. Apartment Availability: Nihonmachi Terrace consists of 243 low-income apartments, varying in size from 1 to 4 bedrooms. As demand for affordable housing is high, many apartments have waiting lists. However, we provide this listing so you can directly contact them at the provided number to inquire about availability and if you qualify for residency. Application Process: To apply for residency, it is essential to include and verify the income of all adults who will be residing in the apartment. Kindly call for more details on the application process. Apartment Options Available: - 1 bedroom apartments at this location - 2 bedroom apartments at this location - 3 bedroom apartments at this location - 4 bedroom apartments at this location Remember, affordable housing is crucial, and Nihonmachi Terrace aims to provide a solution for individuals seeking such options.