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Affordable Housing Opportunity in Bronx, NY - Sheridan Avenue Project About Sheridan Avenue Project: Sheridan Avenue Project, located in the Bronx, offers Low-Income Housing Tax Credit (LIHTC) apartments, making it an excellent option for those seeking affordable housing. These rental apartments are backed by LIHTC, which imposes rent and income restrictions under the applicable program. Incentivizing Affordable Housing: The LIHTC program provides incentives to builders and developers to create housing options for individuals with low income. The maximum rent charged for these apartments is determined by the Area Median Income (AMI). However, please note that the AMI may render this apartment unaffordable to some low-income individuals. Check Rental Rates: Before considering Sheridan Avenue Project, it is essential to check the current rental rates to determine its affordability for you. Keep in mind that there are 85 low-income apartments available here, but like many other apartments, there may be waiting lists in place. Contact Information: We provide this listing to allow direct contact with Sheridan Avenue Project. Reach out to them at the provided number to inquire about application procedures and whether you qualify to live in these apartments. Understanding LIHTC: Knowledge about Low-Income Tax Credit (LIHTC) units for rent is recommended. Remember that the income of all adults expected to reside in this apartment must be included and verified at the time of application. For more details, call the provided contact number. Apartment Options: Sheridan Avenue Project offers the following apartment sizes: - 1 bedroom apartments at this location - 2 bedroom apartments at this location - 3 bedroom apartments at this location - 4 bedroom apartments at this location By providing clear headings, we have organized the text, presenting information in a structured manner.
1048 Sheridan Ave, Bronx, NY 10456
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