Promesa - Urban Renaissance Bronx

About This Building

Affordable Housing Opportunity in Promesa - Urban Renaissance Bronx Introduction: Promesa - Urban Renaissance Bronx is a Low-Income Housing Tax Credit apartment, situated in Bronx, NY. If you seek a reasonably priced housing option, these rental apartments are supported by the LIHTC, ensuring program rent and income restrictions are in place. Affordability Concerns: The LIHTC grants incentives to builders and developers to offer affordable housing for individuals with low income. However, the maximum rent is determined by the AMI, Area Median Income, which may render this apartment unaffordable for low-income individuals. Before deciding, it is suggested to check the current rental rates to determine affordability. Number of Low Income Apartments: With a total of 25 low-income apartments available here, one may face waiting lists, as is common for most apartments nowadays. This listing aims to provide direct contact information, allowing you to inquire about the application process and potential qualification. Important Consideration - LIHTC Units: To rent these LIHTC units, the combined income of all adults intending to reside in the apartment must be included and verified during the application procedure. Additional details are available upon request. Apartment Options: 1 Bedroom Apartments at Location 2 Bedroom Apartments at Location 3 Bedroom Apartments at Location Conclusion: If you are seeking affordable housing in Promesa - Urban Renaissance Bronx, consider exploring the options available. Remember to inquire about LIHTC units for rent, ensuring you have a complete understanding of the income requirements and other significant details. Contact the provided number for more information.