Braidwood Senior Housing Braidwood

About This Building

Affordable Housing Option in Braidwood, IL Introduction: Discover the Braidwood Senior Housing, a Low-Income Housing Tax Credit apartment, offering affordable rental apartments in Braidwood, IL. Take advantage of this opportunity if you are searching for an affordable housing option supported by the LIHTC program. Benefits of LIHTC: The LIHTC program encourages builders and developers to provide housing for low-income individuals by offering incentives. This ensures that rental apartments remain affordable for those with limited income. AMI Rent and Income Restrictions: It is important to note that the maximum rent for this apartment is determined based on the Area Median Income (AMI). Due to this, the affordability of the apartment may still be a concern for low-income individuals. We recommend checking the current rental rates to determine if it aligns with your budget. Availability: We currently offer 20 low-income apartments at this location, but please bear in mind that most apartments typically have waiting lists. However, we provide this listing to allow you to contact us directly and explore the possibility of applying and qualifying to reside in our community. TIP: Low Income Tax Credit Units: Familiarize yourself with the concept of Low-Income Tax Credit (LIHTC) units for rent. It is essential to include and verify the income of all adults expected to reside in the apartment during the application process. 1 Bedroom Apartments: Among the options available at our location are 1-bedroom apartments, providing a comfortable and affordable living space. Don't hesitate to reach out to us for more information and details. Conclusion: Discover Braidwood Senior Housing, an affordable housing option in Braidwood, IL, supported by the LIHTC program. Contact us to determine if you qualify for our low-income apartments and take advantage of this wonderful opportunity.