Villas Of Carbondale

About This Building

Affordable Housing Option in Villas Of Carbondale, Carbondale, IL Introduction: Villas Of Carbondale is a housing complex that offers Low-Income Housing Tax Credit (LIHTC) apartments in Carbondale, IL. If you are seeking an affordable housing option, these rental apartments are backed by the LIHTC program, which imposes rent and income restrictions. LIHTC Program Benefits: The LIHTC program provides incentives to builders and developers to make affordable housing available to individuals with low income. It determines the maximum rent charged based on the Area Median Income (AMI). However, due to this AMI calculation, the apartment may still be unaffordable for individuals with low income. Affordability Evaluation: To determine if this apartment meets your budget, it is advisable to check the current rental rates. Keep in mind that these rates are subject to change. While there are 48 low-income apartments available, there is a possibility of waiting lists as is common with most apartments. Application Process: To apply for residency in Villas Of Carbondale, you can directly contact the management using the provided phone number. It is essential to note that the LIHTC program requires the inclusion and verification of income from all adults expected to reside in the apartment. Further details can be obtained by making a call. Conclusion: In conclusion, Villas Of Carbondale offers an affordable housing option through its LIHTC apartments. By understanding the LIHTC program and considering the applicable rent and income restrictions, you can determine if this housing solution meets your needs. Contact the management for further information and start the application process today.