As a benefit of restoring a
historic building utilizing state and federal
tax credits and abatements, a
portion of The American Can Apartments
will be set aside as an
"Affordable Alternative." Households who meet
established guidelines can
qualify for the Affordable Alternative units, which
carry a reduced rental rate.
These units are identical to units throughout
the rest of the property and
they benefit from all of the same amenities.
These units will provide an
opportunity for more New Orleanians to
experience the
high quality housing offered in Mid-City New
Orleans.
All residents of
The American Can Apartments will be required to
meet
the same stringent credit and
background criteria.
Affordable Alternative Prices
1 bedroom - $650*
2 bedroom - $775*
Income Limits for Affordable Alternative Prices
Household Size Maximum Gross Annual Income
1
person
$20,950
2
people
$23,900
3
people
$26,900
4
people
$29,900