Park & 196th Street Bronx

About This Building

Affordable Housing Option in Bronx, NY: Park & 196th Street Bronx Introduction: Welcome to Park & 196th Street Bronx, a Low-Income Housing Tax Credit apartment complex in Bronx, NY. If you are in search of affordable housing, these rental apartments are supported by the LIHTC program, which offers rent and income restrictions to eligible individuals. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers, encouraging them to create housing options for low-income individuals. By following this program, the maximum rent charged is determined based on the AMI (Area Median Income). Considerations: However, due to the influence of AMI, it is important to note that this apartment may still be unaffordable for those with low income. To determine affordability, we recommend checking the current rental rates to ensure it aligns with your budget. Available Units: Park & 196th Street Bronx offers a total of 35 low income apartments. As is common with many affordable housing options, there is often a waiting list. However, we provide the contact information for direct communication with the complex, allowing you to inquire about availability and qualification. TIP: Know About LIHTC Units: When planning to apply for these LIHTC units, please remember that income from all adults expected to reside in the apartment must be included and verified during the application process. For more specific details, we encourage you to call for further information. Conclusion: With its commitment to providing affordable housing, Park & 196th Street Bronx presents an opportunity for individuals in search of low-income housing in Bronx, NY. Utilize the provided contact information to determine if you are eligible and apply for this housing option.