Parkview Terrace - RI

About This Building

Affordable Housing Option in West Warwick, RI Introduction Parkview Terrace, situated in West Warwick, RI, is a Low-Income Housing Tax Credit apartment complex offering affordable rental apartments. Supported by the LIHTC, these apartments have specific rent and income restrictions in place to assist low-income individuals. LIHTC and Affordable Housing The LIHTC program provides incentives to builders and developers, encouraging them to offer affordable housing options to those with low incomes. To ensure affordability, the maximum rent charged is based on the Area Median Income (AMI). However, due to the AMI calculation, this apartment complex may still be unaffordable for some low-income individuals. It is advisable to check the current rental rates to determine if it is within your budget. Apartment Details Parkview Terrace offers a total of 88 one and two-bedroom apartments specifically designed for low-income individuals. With limited availability, it is important to note that most apartments have waiting lists. Contact Information and Application If you are interested in applying for one of these rental apartments and finding out if you qualify, we provide the contact information below. Please reach out directly to inquire about availability and the application process. Conclusion Parkview Terrace offers an attractive affordable housing option through the LIHTC program in West Warwick, RI. Ensure you contact the apartment complex to see if you meet the qualifications and can secure a spot in this community.