Friday, December 9, 2011
You don't live in a Condo - You live in 'Low Income Housing'
Although NCC condo owners thought that they were buying into a condo complex the facts are that this was never intended as a condominium. Today 112 people are owning a condo in a low income apartment complex. The 56 unsold units are being rented out by Concord Realty Ltd.
Because Concord caters to families with low income, they also offer extra amenities that are not usually found in traditional apartment communities. Some of these extras include free after school kids clubs (Monster Club), family DVD lending libraries, and directories to free or low cost children’s healthcare plans for each state in which they are located.
Affordable Housing Eligibility
In order to obtain an apartment at Concord Management, you will need to complete an eligibility screening process (as with any tax credit apartment community) . The apartment’s leasing agent will request your financial information, and she will use it to see if your income falls within their specific income guidelines. – As long as your income falls under a certain amount, you should be fine along with all of the usual, standard apartment rental requirements. In each community, Concord Management usually sets aside a number of apartments for low income renters with Section 8 vouchers (Housing Choice Vouchers). If you have a Section 8 Voucher, you will need to contact the specific community in which you are interested in order to find out about availability.
Concord Affordable Housing Locations