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Affordable Housing Option in Los Angeles: Lyndon Hotel Incentives for Affordable Housing: Low-Income Housing Tax Credit (LIHTC) - Supported by the LIHTC program, Lyndon Hotel offers affordable rental apartments in Los Angeles, CA. - These apartments are available for low income individuals and families, subject to program rent and income restrictions. - The LIHTC program encourages builders and developers to provide housing options for low income persons. - Maximum rent is determined based on the Area Median Income (AMI), which may still be unaffordable for some. - Check current rental rates to determine affordability. - With 52 low income apartments on site, it is common to have waiting lists. - Contact Lyndon Hotel directly to inquire about the application process and qualification criteria. Important Information: Low Income Tax Credit (LIHTC) Units for Rent - All adults expected to reside at the apartment must include and verify their income at the time of application. - For detailed information, call Lyndon Hotel to understand the eligibility requirements
413 E 7th St, Los Angeles, CA 90014
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