Autumn Ridge Apartments Carol Stream

About This Building

Affordable Housing Option in Carol Stream, IL at Autumn Ridge Apartments - Low-Income Housing Tax Credit (LIHTC) Supported - Rent and Income Restrictions Apply Introduction: Discover Autumn Ridge Apartments, a Low-Income Housing Tax Credit apartment conveniently situated in Carol Stream, IL. Offering an affordable housing option, this apartment complex is supported by LIHTC, ensuring a favorable living situation for low-income individuals. Incentives for Affordable Housing: With the aim of providing affordable housing to those with limited income, the LIHTC grants builders and developers incentives to create such accommodations. These incentives assist in regulating the maximum rent charged based on the Area Median Income (AMI), ensuring affordability for eligible residents. Consideration for Affordability: Although Autumn Ridge Apartments may still be unaffordable for some low-income individuals due to the AMI-based rent calculation, it is worth exploring the current rental rates to determine its affordability for you. Adequate Housing Availability: Within the premises of Autumn Ridge Apartments, there are a total of 210 low-income apartments available. As the demand for affordable housing remains high, it is common for most apartments to have waiting lists. We provide this listing to empower you to directly contact the apartment complex and ascertain if you can apply and qualify for residency. Prerequisite Information for Application: When applying for residency at Autumn Ridge Apartments, it is crucial to include and verify the income of all adults expected to reside in the apartment. Call for more details and specific information regarding this requirement. Possible Apartment Options: Depending on your needs and preferences, Autumn Ridge Apartments offers both 1 bedroom and 2 bedroom apartments. Explore the available options to find the apartment that best suits your requirements. Contact: For further information or to initiate the application process, please reach out to Autumn Ridge Apartments directly using the provided contact number. Unveiling the Benefits of Low-Income Tax Credit Units for Rent: Learn more about the advantages of LIHTC units for rent and how they can assist individuals in attaining affordable housing.