Morris Avenue Cornerstone Bronx

About This Building

Affordable Housing Option in Morris Avenue Cornerstone Bronx Welcome to Morris Avenue Cornerstone Bronx, a low-income housing tax credit apartment situated in the heart of Bronx, NY. If you are seeking an affordable place to call home, look no further. These rental apartments are fully supported by the LIHTC program, designed to assist individuals with limited financial resources. However, it is important to note that there are specific rent and income restrictions associated with this program. LIHTC: Promoting Affordable Housing The LIHTC program offers incentives to builders and developers, encouraging them to create housing options for low-income individuals. The maximum rent for these apartments is determined based on the AMI (Area Median Income). It is essential to consider that in some cases, this AMI calculation might render the apartment unaffordable for those with low incomes. To determine the feasibility of this option for you, please check the current rental rates. An Opportunity for Low-Income Individuals At Morris Avenue Cornerstone Bronx, there are 208 apartments available for low-income individuals. Please be advised that due to high demand, most apartments have waiting lists. However, in order to provide you with direct access to the necessary information, we have included the contact number below. Feel free to get in touch with them and inquire about the application process and qualifications required. Understanding LIHTC Units for Rent It is crucial to consider the income of all anticipated adult residents in your application for this apartment. Their income must be included and verified during the application process. For further details, please do not hesitate to call the provided contact number. A Range of Apartment Sizes Morris Avenue Cornerstone Bronx offers a variety of apartment sizes to suit your needs: 1 Bedroom Apartments at Location 2 Bedroom Apartments at Location 3 Bedroom Apartments at Location We hope this structured information will assist you in your search for affordable housing. If you have any additional questions, please feel free to reach out.