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Affordable Housing Option at Melrose Commons - Site 5 Bronx, NY - Low-Income Housing Tax Credit (LIHTC) Supported Apartments Looking for an affordable housing option in Bronx? Melrose Commons - Site 5 Bronx offers rental apartments supported by the Low-Income Housing Tax Credit (LIHTC) program. These apartments come with applicable program rent and income restrictions, making them a great choice for those in need. Incentivizing Affordable Housing The LIHTC program encourages builders and developers to provide affordable housing to low-income individuals by offering incentives. As a result, the maximum rent charged for these apartments is determined based on the Area Median Income (AMI). Important Considerations It's essential to note that the AMI-based rent may still be unaffordable for some low-income individuals. To determine if these apartments are within your budget, please check the current rental rates. Remember that most affordable housing options have waiting lists, so act promptly if interested. 63 Low Income Apartments Available At Melrose Commons - Site 5 Bronx, there are 63 low-income apartments available for rent. Given the high demand for such housing, we provide the contact information below for direct inquiries regarding application and eligibility. Contact for Application Details If you are interested in applying for one of these apartments, please contact the number provided below. Keep in mind that all adults expected to reside in the apartment must include and verify their income during the application process. For more information and specific details, feel free to call. Size Options: 1 Bedroom Apartments At this location, 1 bedroom apartments are available for rent to meet your needs. Experience comfortable living in a community-oriented environment at Melrose Commons - Site 5 Bronx. Discover the Benefits of LIHTC Units for Rent If you are unfamiliar with the Low-Income Housing Tax Credit (LIHTC) program, we encourage you to learn more about the advantages it offers to tenants. Affordable housing can become a reality with the help of LIHTC units. Don't miss out on this opportunity for affordable housing. Contact Melrose Commons - Site 5 Bronx today to explore your options and secure a place that fits your budget and needs.
429 E 156th St, Bronx, NY 10455
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