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Affordable Housing Option at Emerald Terrace Apartments in Los Angeles, CA Providing Low-Income Housing Tax Credit (LIHTC) Apartments Introduction: - Emerald Terrace Apartments offers affordable rental apartments supported by the LIHTC program. - These apartments are located in Los Angeles, CA, making them accessible to low-income individuals seeking affordable housing options. LIHTC Program Benefits: - The LIHTC program encourages builders and developers to create more affordable housing for low-income individuals. - The program provides incentives to ensure that these apartments are within reach for those with limited incomes. - Rent is determined based on the Area Median Income (AMI), which might affect affordability for some individuals. Determining Affordability: - It is important to check the current rental rates to assess if Emerald Terrace Apartments fit within your budget. - While the LIHTC program aims to provide affordable housing, the AMI can make the apartments unaffordable for low-income individuals. - Consider your financial situation before making a decision. Available Apartments: - Emerald Terrace Apartments offer a total of 84 low-income apartments. - Due to high demand, there might be a waiting list for these apartments. - To apply and determine your eligibility, contact the provided phone number for direct inquiries. Important Information: - All adults residing in the apartment must include and verify their income during the application process. - For more detailed information regarding income restrictions and application procedures, call the provided number. Apartment Options: - 1 bedroom apartments available at this location. - 2 bedroom apartments available at this location. - 3 bedroom apartments available at this location.
1345 W. Emerald Drive, Los Angeles, CA 90026
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