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Affordable Housing Option at Crotona Terrace in Bronx, NY Introduction: Welcome to Crotona Terrace, a Low-Income Housing Tax Credit apartment situated in the vibrant Bronx neighborhood. If you are seeking a budget-friendly housing opportunity, our rental apartments are supported by the LIHTC program, providing applicable rent and income restrictions for eligible individuals and families. LIHTC Incentives: Under the LIHTC, builders and developers are encouraged to offer affordable housing solutions to low-income individuals. The maximum rent for our apartments is determined based on the Area Median Income (AMI), potentially making it challenging for those with limited incomes to afford this particular apartment. Kindly review the current rental rates to determine if it falls within your budget. Apartment Features: At Crotona Terrace, we offer a total of 51 low-income apartments, varying in size and layout, to cater to different housing needs. Currently, there may be a waiting list for these in-demand units. However, we have provided contact information below so you can reach out to us directly and inquire about availability and qualifications. Apartment Listings: - 1 Bedroom Apartments: Explore the cozy and functional one-bedroom apartments at our location. - 2 Bedroom Apartments: Discover our spacious two-bedroom apartments, ideal for small families or roommates. - 3 Bedroom Apartments: Explore the larger three-bedroom apartments that offer ample space for families. Application Process: To apply for residency at Crotona Terrace, please note that income from all adults intending to reside in the apartment must be included and verified during the application process. For further details regarding the application and eligibility requirements, feel free to contact us. Conclusion: In conclusion, Crotona Terrace presents an affordable housing option in the Bronx, NY, supported by the LIHTC program. We hope this structured information helps you in determining whether our apartments align with your housing needs and budget. Don't hesitate to reach out to us for more information and to begin the application process.
1714 Crotona Park E, Bronx, NY 10460
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