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Affordable Housing Option in Los Angeles: Mary Andrews Clark Residence - Low-Income Housing Tax Credit Apartment Looking for an affordable housing option in Los Angeles, CA? Look no further than the Mary Andrews Clark Residence. These rental apartments are supported by the LIHTC (Low-Income Housing Tax Credit) program, offering the benefit of reduced rents and income restrictions for eligible individuals. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to create housing options for low-income individuals. To ensure affordability, the maximum rent charged at this apartment complex is based on the Area Median Income (AMI). Considerations for Low-Income Applicants: However, it is important to note that due to the AMI restrictions, this apartment may still be unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if it aligns with your budget. Availability and Application Process: There are 152 low-income apartments available at the Mary Andrews Clark Residence. As demand for affordable housing is high, most apartments have waiting lists. To explore the possibility of applying and qualifying for a unit here, you can directly contact the residence using the provided number. Important Income Verification: When applying to reside at this apartment, it is essential to include and verify the income of all adults who are expected to live in the unit. This step is crucial in determining eligibility. For further details, we encourage you to call for more information. By organizing the text into headings, the overall structure and readability of the information are enhanced.
306 Loma Dr, Los Angeles, CA 90017
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