Jaclen Towers

About This Building

Affordable Housing Option in Beverly, MA - Jaclen Towers Affordable Rental Apartments Supported by LIHTC Program Looking for a budget-friendly housing solution? Look no further than Jaclen Towers, a Low-Income Housing Tax Credit apartment situated in Beverly, MA. These apartments come with the benefit of LIHTC support and are subject to program rent and income restrictions. Incentives for Builders and Developers The LIHTC program offers incentives to builders and developers, encouraging the provision of affordable housing for individuals with low incomes. To ensure affordability, the maximum rent charged is determined based on the Area Median Income (AMI). Considerations for Low-Income Individuals While Jaclen Towers strives to offer affordable housing, the AMI may make it unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if this option suits your budget. A Range of Apartments Available With 100 one and two bedroom apartments designed for low-income individuals, Jaclen Towers provides a variety of options to meet your housing needs. Convenient Office Hours To assist you further, our office is open Monday through Friday, from 9 am to 5 pm, allowing you to reach out to us directly. We can provide you with more information about the application process and qualification criteria. Accepting HUD Subsidies Jaclen Towers also accepts HUD subsidies for eligible individuals. If you qualify for low-income housing and we have available apartments, your rent will be based on 30% of your Adjusted Gross Income. Call us for more details. Explore 1-Bedroom Apartments At our location, we offer comfortable 1-bedroom apartments that cater to your needs. Contact us to discover more about this option and how it can fulfill your housing requirements.