River's Edge is managed by UPHOLDINGS, LLC.
River’s Edge is a new construction of a 56-unit, service-enriched apartment complex. It's a new apartment building for people who are able to live independently yet will thrive with the benefits of permanent, affordable and supportive housing. River’s Edge incorporates a mixture of one- and two-bedroom units, providing a range of housing options. All of the units are made available to chronically homeless households and homeless households who are also living with a disability, or who are frequent users of emergency services, and are earning less than 60% of the area median income.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.