Pearl Lane Apartments

About This Building

Affordable Housing Program at Pearl Lane Apartments Pearl Lane Apartments, situated in the northern Lake County area, offers affordable housing options through the Section 42 program. This program provides tax credits to landlords who rent to low-income tenants. The rental rates are based on the average income and utility costs in the area. To be eligible for reduced rates, at least one-fifth of the apartments must be allocated to qualifying tenants. Access to Affordable Living Designed to assist individuals with moderate incomes, Pearl Lane Apartments provides affordable living options. While the rents are lower than market rates, tenants are responsible for paying the full rent. Eligibility for the program is determined by the income limit set for the specific area. Only households with incomes below this limit can participate. Residences at Pearl Lane Apartments Pearl Lane Apartments offers one and two bedroom residences with contemporary layouts and convenient step-saver kitchens. Each residence includes a private covered patio, ensuring a sense of privacy and tranquility. Other amenities include a central laundry facility, a clubhouse, and high-speed internet/cable TV accessibility. Ample parking is available for both tenants and their guests. Additional Features and Services The apartments at Pearl Lane provide a comfortable and convenient living experience. The residences have a single-story design, ensuring that there is no one living above or below you. The apartments also feature a frost-free refrigerator, a range with hood, a garbage disposal, and central air and heat. Ample storage is available with large closets and wall-to-wall carpeting. Easy-care vinyl flooring is installed in the kitchen and bath areas. Small pets are welcome in the community. Convenient Location Pearl Lane Apartments are conveniently located near shopping centers, banks, restaurants, medical facilities, and public transportation. The community also offers a shuffleboard court for recreational activities. On-site management and 24-hour maintenance services ensure that residents' needs are met promptly. Waiting Lists and Apartment Rates It is important to note that most low-income apartments have waiting lists, which can sometimes take years for an opening to become available. To increase your chances, it is recommended to be placed on multiple waiting lists. Contact information, including phone numbers and websites, are provided for direct communication with the apartments to inquire about openings or open waiting lists. Apartment rates vary, and current rates are provided on many listing pages. However, most HUD listings do not have published rates as they are based on 30% of the renter's adjustable gross income. To determine if you qualify for income-based rent, it is necessary to contact the apartments directly.