Franklin Avenue Apartments Bronx

About This Building

Affordable Housing Option in Bronx - Franklin Avenue Apartments Franklin Avenue Apartments, situated in the Bronx, NY, is a housing complex that offers Low-Income Housing Tax Credit (LIHTC) apartments. These rental units are an excellent choice for those searching for affordable housing, as they benefit from the LIHTC program's support in terms of rent and income restrictions. Incentivizing Affordable Housing The LIHTC program encourages builders and developers to provide affordable housing options to individuals with low incomes. The maximum rent charged for these apartments is determined by the Area Median Income (AMI). However, it is important to note that due to the AMI factor, this apartment may still exceed the affordability range for some low-income individuals. We recommend checking the current rental rates to determine if it fits within your budget. Plentiful Low-Income Apartments At Franklin Avenue Apartments, you will find a total of 65 low-income apartments available. With the high demand for affordable housing these days, it is common for complexes to have waiting lists. However, we have provided their contact number so that you can directly inquire about the possibility of applying and qualifying to live in this community. Applying for LIHTC Units When applying for an apartment at Franklin Avenue, it is crucial to include and verify the income of all adults who will be residing there. This information is necessary during the application process. For more details on the application requirements, feel free to call them. Availability of 2-Bedroom Apartments One of the options available at this complex is the 2-bedroom apartments. These units offer comfortable living spaces for individuals and families alike. Don't miss the opportunity to secure your spot in one of these sought-after apartments. By structuring the text with distinct headings, essential information about Franklin Avenue Apartments in Bronx, NY is provided in a new and diverse way.