Lincoln Village Senior Apartments

About This Building

Affordable Housing Option at Lincoln Village Senior Apartments in Chicago, IL Overview Lincoln Village Senior Apartments is a low-income housing tax credit (LIHTC) apartment complex offering affordable rental apartments in Chicago, IL. Supported by the LIHTC program, these apartments have rent and income restrictions in place to assist low-income individuals and families. Incentives for Affordable Housing The LIHTC program encourages builders and developers to provide affordable housing options for low-income persons. The maximum rent charged at Lincoln Village Senior Apartments is based on the Area Median Income (AMI), ensuring affordability for eligible applicants. Considerations for Low-Income Individuals Although Lincoln Village Senior Apartments offer affordable rates, it's important to note that the AMI criteria may still make it unaffordable for some low-income individuals. We strongly recommend checking the current rental rates to determine if it fits within your budget. Apartment Details This apartment complex consists of 102 low-income apartments, but like many other properties, there may be waiting lists for available units. To explore your eligibility and application process, we suggest contacting Lincoln Village Senior Apartments directly using the provided contact number. Understanding LIHTC Units When considering these apartments, it is vital to understand the concept of Low-Income Tax Credit (LIHTC) units. At application time, all adult residents' income must be included and verified. For detailed information and specific qualifications, please reach out to them for more details. Available Apartments Lincoln Village Senior Apartments offer a range of options: - 1-bedroom apartments at this location - 2-bedroom apartments at this location For a comprehensive understanding and to get more information, we recommend contacting Lincoln Village Senior Apartments directly.