About This Leisure Tower
The Leisure Tower is an apartment complex situated in Lynn, MA that offers Low-Income Housing Tax Credit apartments. These rental units are intended for individuals seeking affordable housing and have rent and income restrictions that comply with the LIHTC program. This initiative incentivizes builders and developers to provide reasonably priced housing options for low-income individuals. The maximum rent charged is determined by the Area Median Income (AMI), which may render the apartment unaffordable for some low-income individuals. It is advisable to check the current rental rates to confirm its affordability. The complex comprises 180 one-bedroom apartments that cater to low-income earners.
Please note that most apartments usually have waiting lists. Therefore, it is best to contact them directly to inquire about availability and the application process. Office hours are from Monday to Friday, 8:30 am to 5:00 pm.
Additionally, the apartment complex accepts HUD subsidies for those who qualify for low-income housing. If there are available apartments, the rent is based on 30% of the Adjusted Gross Income. For more information, give them a call.
How to apply
Public housing is a form of housing tenure in which the property is usually owned by a government
authority, either central or local. The federal Housing and Urban Development (HUD) department
addressed concerns of distressed properties and blighted superblocks with revitalization and funding
projects for the renewal of public housing to decrease its density and allow for tenants with mixed
income levels.
1. Check Your Eligibility Criteria
2. Search For Your Local Housing Authority
3. Fill In And Submit The Application Form
4. Check Your Waiting List Status
5. Move Into An Unit
Statement
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