St Paul's Residence Chicago

About This Building

Affordable Housing Option at St Pauls Residence Chicago Located in Chicago, IL, St Pauls Residence Chicago offers Low-Income Housing Tax Credit (LIHTC) apartments. These rental apartments have been designed to provide affordable housing to those who are seeking an economical option. The LIHTC program supports these apartments by imposing rent and income restrictions, ensuring accessibility for low income individuals. AMI-Based Rent Calculation The maximum rent for these apartments is determined based on the Area Median Income (AMI). However, it is important to note that for some low income individuals, the rent may still be unaffordable due to this AMI calculation. To determine if this apartment meets your affordability requirements, it is recommended to check the current rental rates. 72 Low Income Apartments Available St Pauls Residence Chicago offers a total of 72 low income apartments. Given the current demand for affordable housing, it is common for apartments to have waiting lists. To explore the possibility of applying and qualifying to live here, we provide the direct contact number so that you can reach out to them. Consider LIHTC Units for Rent When considering these apartments, it is essential to know about the Low Income Tax Credit (LIHTC) units available for rent. It is mandatory for all adults who intend to reside in these apartments to include and verify their income at the time of application. For further details, please call the provided number. Different Apartment Sizes St Pauls Residence Chicago offers both 1 bedroom and 2 bedroom apartments. Depending on your needs and preferences, you can select the appropriate apartment size. Experience Affordable Living at St Pauls Residence Chicago Structured with headings for better readability, this revised text provides information about the affordable housing option available at St Pauls Residence Chicago. From details about AMI-based rent calculation to the different apartment sizes, it aims to assist individuals in finding an affordable and suitable place to live.