New Cheney Flats Toledo

About This Building

Affordable Housing Option in Toledo, OH - New Cheney Flats Toledo Introduction: New Cheney Flats Toledo is a low-income housing tax credit apartment situated in Toledo, OH. If you are searching for an affordable housing option, these rental apartments are supported by the LIHTC program, which imposes certain rent and income restrictions. LIHTC Incentives: The LIHTC program offers incentives to builders and developers, enabling them to provide housing options for low-income individuals. The maximum rent charged for these apartments is determined based on the area median income (AMI). However, it's important to note that the AMI may render this apartment unaffordable for those with low incomes. Rental Rates and Availability: To determine affordability, we encourage you to check the current rental rates. Please note that there are only 45 low-income apartments available at this location, which may result in waiting lists. Contact Information: To inquire about eligibility and submit an application, feel free to contact our team directly using the provided number. Applicant Requirements: Keep in mind that the income of all anticipated adult residents needs to be included and verified during the application process. If you require additional information, please call for more details. Remember: LIHTC Units for Rent: Don't forget to consider the benefits of Low-Income Tax Credit units when searching for suitable rental options.