1090 Franklin Ave Apartments Bronx

About This Building

Affordable Housing Option in Bronx, NY - 1090 Franklin Ave Apartments Introduction: 1090 Franklin Ave Apartments Bronx offers Low-Income Housing Tax Credit (LIHTC) apartments in a sought-after location. If you are in search of an affordable housing option, this residential complex provides rental apartments that are supported by LIHTC, encompassing program rent and income restrictions. LIHTC and Affordable Housing: The LIHTC program encourages builders and developers to construct affordable housing for low-income individuals. As a result, the maximum rent charged at this apartment complex is determined based on the Area Median Income (AMI). However, it is important to note that some low-income individuals may still find the rent unaffordable due to the AMI calculation. To ascertain affordability for yourself, check the current rental rates. Number and Availability of Apartments: The 1090 Franklin Ave Apartments offers 59 low-income apartments in this desirable location. Given the high demand for affordable housing, it is common for such apartments to have waiting lists. We provided this listing to enable you to contact them directly at the provided number and inquire about your eligibility and application process. Unit Types: 1 bedroom apartments available. 2 bedroom apartments available. Requirements and Application Process: To qualify for residency, the income of all expected adult occupants must be included and verified during the application process. For more details, feel free to call the provided contact number. Conclusion: If you are seeking an affordable housing option in Bronx, NY, consider 1090 Franklin Ave Apartments. Supported by LIHTC, this residential complex offers low-income apartments, taking into account program rent and income restrictions. Contact them directly to check availability and start your application process.