Marquis Apartments

About This Building

Marquis Apartments: A Low-Income Housing Tax Credit Residence in Chicago, IL Affordable Housing Option: - If you are in search of an affordable housing option, Marquis Apartments offers rental apartments supported by the LIHTC (Low-Income Housing Tax Credit) program. - These apartments have applicable program rent and income restrictions, ensuring affordability for low-income individuals. Incentives for Affordable Housing: - The LIHTC program provides incentives to builders and developers to create housing options for low-income persons. - The maximum rent charged is based on the AMI (Area Median Income). Considerations for Low-Income Individuals: - While Marquis Apartments strive to provide affordable housing, the AMI calculation may render it unaffordable for some low-income individuals. - To determine affordability, it is recommended to check the current rental rates. Apartment Details: - Marquis Apartments offers 66 low-income one-bedroom apartments. - As the demand for affordable housing is high, waiting lists may be in place. Application and Qualification: - For those interested in applying and qualifying to live at Marquis Apartments, contacting the residence directly at the provided phone number is advised. - Please note: Income from all adults expected to reside in the apartment must be included and verified during the application process. Further details can be obtained by calling. Apartment Types Available: - Marquis Apartments offers 1-bedroom apartments at the location. - Additionally, 2-bedroom apartments are available. Remembering LIHTC: - Having an understanding of LIHTC (Low-Income Tax Credit) units for rent can be beneficial. - For more information, call to inquire about the program and its benefits.