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Countryside Village Cambria: Affordable Housing Option with Income Restrictions Introduction: Countryside Village Cambria, located in Illinois, is a residential tax credit apartment building catering to low-income individuals and families. With a focus on offering affordable housing, the property follows the LIHTC program guidelines to support those in need. Affordable Rental Apartments: These rental apartments are designed to be affordable, benefiting from the LIHTC program and its accompanying rent regulations. The income restrictions ensure that eligible applicants can access affordable housing options within their means. Encouraging Affordable Housing: The LIHTC program aims to encourage builders and developers to contribute to the creation of affordable housing for low-income individuals. By providing tax credits, it incentivizes the construction and maintenance of housing projects catering to this demographic. AMI Considerations: While the rental rates are based on the AMI, or Median Income Area, it's essential to note that this can still pose challenges for low-income residents. Depending on the local area's economic conditions, the maximum rent charged may not always be affordable for everyone. It is advisable to check the current rental prices to determine if the housing is within your budget. Availability and Waiting Lists: Countryside Village Cambria offers low-income apartments, but these may have waiting lists due to high demand. To explore the possibility of becoming a resident, the property provides contact information. Interested individuals can directly reach out to inquire about availability and the qualifications required for residency. Staying Updated: If you believe that the listing is outdated or encounter an incorrect phone number, please utilize the online form provided to contact the management. Your assistance in maintaining accurate information is greatly appreciated. Important Tip: Understanding LIHTC Units for Rent It's crucial to note that when applying for residency, the combined income of all adult occupants must be included and verified. For further information and specific details regarding eligibility, please call the provided contact number. Conclusion: Countryside Village Cambria aims to address the need for affordable housing by offering rental apartments supported by the LIHTC program. Despite the AMI considerations, individuals seeking affordable housing options can explore the current rental prices and contact the property directly for further details on availability and application requirements.
102 Ralph St, Cambria, IL 62915
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