As a benefit of restoring a historic building/site utilizing state and federal tax credits and abatements, a portion of nine27 Apartments will be set aside as an "Affordable Alternative." Households who meet established guidelines can qualify for the Affordable Alternative apartments, which carry a reduced rental rate. These apartments are identical to apartments throughout the rest of the property and they benefit from all of the same amenities. These apartments will provide an opportunity for more New Orleanians to experience the high quality housing offered in New Orleans.
All residents of nine27 Apartments will be required to meet the same stringent credit and background criteria.
Income Limits for Affordable Alternative Prices
Household Size Maximum Gross Annual Income
1 person $33,520
2 people $38,240
3 people $43,040
4 people $47,840