Ymca Senior Living Center Aurora

About This Building

Ymca Senior Living Center Aurora: Affordable Housing Option for Low-Income Individuals Location and Overview: Ymca Senior Living Center Aurora is a Low-Income Housing Tax Credit (LIHTC) apartment situated in Aurora, IL. This rental apartment complex offers affordable housing options for individuals who are seeking cost-effective accommodations. Supported by the LIHTC program, these apartments adhere to specific rent and income restrictions. Affordable Housing Incentives: The LIHTC program incentivizes builders and developers to construct and provide affordable housing units to individuals with low incomes. The maximum rent charged for these apartments is based on the Area Median Income (AMI), which ensures accessibility to individuals from diverse income backgrounds. However, it is important to note that the AMI can render this apartment unaffordable for some low-income individuals. To determine affordability, we recommend checking the current rental rates. Low-Income Apartments: At Ymca Senior Living Center Aurora, there are a total of 36 low-income apartments available. Due to the high demand for affordable housing, most apartments nowadays have waiting lists. Therefore, we provide this listing to connect you directly with the management team. Feel free to contact them at the number provided to inquire about the application process and eligibility criteria. Important Considerations: When applying for residency at this apartment complex, it is essential that income information for all adult occupants is included and verified. For further details, please call the provided contact number. Available Unit: Ymca Senior Living Center Aurora offers 1-bedroom apartments at this location. If you are interested and meet the eligibility requirements, take advantage of this opportunity to secure an affordable housing option. Remember: Understanding LIHTC (Low-Income Housing Tax Credit) Units for Rent: Familiarizing yourself with the LIHTC program can be advantageous when seeking affordable housing options. By understanding its benefits and limitations, you can make informed decisions regarding your housing needs. Contact Information: For more information or to apply for residency, please contact Ymca Senior Living Center Aurora at the provided phone number.