Gerard Court Bronx

About This Building

Affordable Housing Option at Gerard Court Bronx: Low-Income Housing Tax Credit Apartments in Bronx, NY Overview of the LIHTC Program Gerard Court Bronx is a Low-Income Housing Tax Credit (LIHTC) apartment complex that offers affordable rental apartments in Bronx, NY. The LIHTC program provides incentives to builders and developers to create housing options for individuals with low income. These apartments are subject to program rent and income restrictions. Rent Affordability Based on AMI The maximum rent for these apartments is determined by the Area Median Income (AMI). However, it's important to note that for some low-income individuals, the AMI may still render this apartment unaffordable. To ascertain its affordability for you, please check the current rental rates. Number of Low-Income Apartments Gerard Court Bronx provides a total of 126 low-income apartments. As demand for affordable housing is high, many apartments today have waiting lists. To explore the availability and eligibility criteria, it is recommended that you directly contact the complex using the provided contact number. Understanding LIHTC Units for Rent When applying for an apartment at Gerard Court Bronx, the income of all adult residents expected to live there must be included and verified. Call for more details about the application process and requirements. Apartment Types and Sizes - 1 Bedroom Apartments: Located at this complex. - 2 Bedroom Apartments: Also available at Gerard Court Bronx. By organizing the information under the given headings, the text has been rewritten to present a different structure and phrasing while conveying the original message.