Putnam Square Apartments

About This Building

Number of Apartments: 18 Number of Low Income Apartments: 18 Section 42, LIHTC Apartments at Putnam Square Putnam Square offers affordable housing options through Section 42, LIHTC (Low Income Tax Credit) apartment properties. The rent for these apartments is determined based on the Area Medium Income (AMI) and tenant based utility allowances. It is crucial to note that at least 20% of these apartments must be rented out at lower rates specifically for low-income tenants. Important Information Waiting Lists Most low-income apartments generally have waiting lists, which can sometimes take several years before you receive a call for available openings. To increase your chances, it is recommended to apply to various waiting lists. Direct Contact with Apartments We provide you with contact details such as phone numbers and websites, enabling you to directly reach out to the apartments. This allows you to inquire about current openings or open waiting lists. Apartment Rates On many listing pages, you can find the current apartment rates. However, most HUD listings do not publish rates, as they are based on 30% of the renters' adjustable gross income. Therefore, it is necessary to contact the apartments directly to determine if you qualify for income-based rent.