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Affordable Housing in Philadelphia - Kates Place Philadelphia - Offering Low-Income Housing Tax Credit Apartments - Supported by LIHTC Program for Rent and Income Restrictions Introduction: Looking for an affordable housing option in Philadelphia, PA? Kates Place Philadelphia is a Low-Income Housing Tax Credit apartment complex that aims to provide affordable housing to low-income individuals. Incentives for Affordable Housing: Builders and developers are incentivized by the LIHTC program to offer affordable housing options to low-income persons. The maximum rent charged is based on the Area Median Income (AMI). However, please note that this AMI may still make the apartment unaffordable for some low-income individuals. Affordability Check: To determine if Kates Place Philadelphia is affordable for you, it is recommended to check the current rental rates. Keep in mind that there are 130 low-income apartments available, but waiting lists may apply. Application Process: If you are interested in applying and determining your eligibility to live here, please contact Kates Place Philadelphia directly at the provided number. Important Details: - Knowing about LIHTC (Low Income Tax Credit) units for rent. - Income verification: All adults residing in the apartment must include and verify their income at the time of application. For further information, call for more details.
1929 Sansom St, Philadelphia, PA 19103
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