Low-Income Housing Tax Credit Apartments

LIHTC Senior Apartments are affordable rental communities developed through the Low-Income Housing Tax Credit program. Properties generally reserve some or all apartments for households whose incomes fall below specified limits based on the area median income. Rents are typically set according to the property’s affordability requirements rather than calculated as a percentage of each resident’s individual income. Age requirements, income limits, rents, availability, and application procedures vary by property.

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