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Young Apartments: Affordable Housing Option with Income Restrictions Location: Los Angeles, CA Overview: - Young Apartments is a Low-Income Housing Tax Credit apartment complex offering affordable housing in Los Angeles, CA. - These rental apartments are supported by the LIHTC, a program that encourages developers to provide affordable housing for low-income individuals. - The maximum rent charged is based on the Area Median Income (AMI), which may make it unaffordable for some low-income individuals. - Currently, there are 65 low-income apartments in this complex. Availability: - Due to high demand, most apartments have waiting lists. - Contact Young Apartments directly at the provided number to inquire about availability and eligibility. Income Restrictions: - To qualify for an apartment at Young Apartments, the income of all adult residents must be included and verified during the application process. - For further details, please call for more information. Apartment Details: - Young Apartments offers 1-bedroom apartments. - Check the current rental rates to determine if they are affordable for you. Considerations: - It's essential to be aware of the LIHTC (Low-Income Tax Credit) program when searching for affordable housing options. - Understanding the program's guidelines and your eligibility can help in finding suitable rental units. Note: This text has been paraphrased to provide a different version of the information without altering the essential details.
1621 S Grand Ave, Los Angeles, CA 90015
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