40-42 Park Street Apartments

About This Building

Affordable Apartments at 40-42 Park Street with Income Restrictions Are you in search of affordable housing in Pawtucket, RI? Look no further than 40-42 Park Street Apartments. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which means that they come with specific rent and income restrictions. Incentives for Affordable Housing The LIHTC program encourages builders and developers to offer affordable housing options to low-income individuals. The maximum rent charged at these apartments is determined by the Area Median Income (AMI) of the surrounding area. However, it is important to note that the AMI-based rent may still pose affordability challenges for low-income individuals. Therefore, it is recommended to check the current rental rates to evaluate whether this housing option fits within your budget. Low-Income Apartments At 40-42 Park Street Apartments, you will find 27 one and two-bedroom apartments designed specifically for individuals with low incomes. Due to the high demand for affordable housing, it is common for these apartments to have waiting lists. Contact Information and Application To find out if you are eligible to apply and qualify for a place at 40-42 Park Street Apartments, please contact the management directly using the provided phone number. Take advantage of this opportunity to secure affordable housing in Pawtucket. Note: You may give it suitable headings as per your requirement.