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Smart Ways to Find an Affordable Apartment

Search for Apartments with Tax Credit Programs

Some affordable housing programs offer tax credits to property owners who provide lower rent for tenants. These units, known as Low-Income Housing Tax Credit (LIHTC) apartments, often have reduced rent rates for qualified tenants. Be sure to check if you qualify for these programs when searching for an affordable apartment.

Affordable Housing Tip

Get Pre-Approved for a Mortgage

Getting pre-approved for a mortgage gives you a clear understanding of your borrowing capacity and budget. It also strengthens your position when negotiating with sellers. This preparation can streamline the home-buying process.