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At Blue Ribbon Lofts, we have two housing options available to help meet the financial needs of every resident: Market Rate and LIHTC/Low-Income Housing Tax Credit.Our Market Rate Apartment Homes have no cap on income restrictions. Each resident qualifies by making a minimum of 2.5 times the monthly rent
The purpose of our LIHTC Apartment Homes is to provide affordable housing to low-income households by limiting the maximum rent that can be charged for a unit. This requires that our community only provides LIHTC homes for households with incomes that fall within 50% or 60% of the Average Median Income. With the proper income qualifications, you can enjoy an affordable apartment home at Blue Ribbon Lofts.
Apply Now to be added to the waitlist and see if you qualify for our LIHTC /Low-Income Housing Tax Credit.
| Household Size | 50% | 60% |
|---|---|---|
| 1 | $35,200 | $42,300 |
| 2 | $40,250 | $48,300 |
| 3 | $45,300 | $54,360 |
| 4 | $50,300 | $60,360 |
| 5 | $54,350 | $65,220 |
| 6 | $58,350 | $70,020 |
| 7 | $62,400 | $74,880 |
| 8 | $66,400 | $79,680 |
* Pricing and availability are subject to change. Rent is based on monthly frequency.
**SQFT listed is an approximate value for each unit.
**SQFT listed is an approximate value for each unit.