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Affordable Housing Option in Merriam Ave Bronx: Apply Now! 1. Low-Income Housing Tax Credit Apartments in Bronx, NY Looking for an affordable housing option in the Bronx? Merriam Ave Bronx offers Low-Income Housing Tax Credit (LIHTC) apartments supported by the LIHTC program. These rentals come with applicable rent and income restrictions, making it an ideal choice for those on a budget. 2. LIHTC Incentives: Ensuring Affordable Housing The LIHTC program provides incentives to builders and developers to create housing options for low-income individuals. The maximum rent charged is determined by the Area Median Income (AMI), which is crucial in maintaining affordability. However, it's important to note that this AMI may still pose a challenge for some low-income individuals. We recommend checking the current rental rates to assess affordability. 3. 98 Low-Income Apartments Available Merriam Ave Bronx houses a total of 98 low-income apartments within its premises. Considering the high demand for affordable housing, it is possible that there may be waiting lists for these apartments. However, we provide their contact information so you can inquire directly about applying and qualifying to live in one of these units. 4. Know About LIHTC Units for Rent In order to apply for an apartment at Merriam Ave Bronx, the income of all expected adult occupants must be included and verified during the application process. For more details or any additional inquiries, feel free to call us. Available Apartment Sizes: - 1 Bedroom Apartments at this Location - 2 Bedroom Apartments at this Location - 3 Bedroom Apartments at this Location Apply today and secure an affordable living space in Merriam Ave Bronx!
1314 Merriam Ave, Bronx, NY 10452
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