Bishop Edwin M. Conway Residence

About This Building

Bishop Edwin M. Conway Residence - Affordable Housing Option in Chicago, IL Introduction: Welcome to Bishop Edwin M. Conway Residence, a Low-Income Housing Tax Credit apartment in Chicago, IL. If you're searching for an affordable housing option, our rental apartments are supported by the LIHTC program, offering program rent and income restrictions for eligible individuals. Providing Affordable Housing: The LIHTC program plays a vital role in encouraging builders and developers to create housing options for low-income individuals. By utilizing these tax credits, we ensure that the maximum rent charged is based on the Area Median Income (AMI). However, it's important to note that this AMI can still make the apartment unaffordable for some low-income persons. Check Rental Rates: To determine affordability, we recommend checking the current rental rates. Each individual's financial situation varies, and it's crucial to assess whether the apartment aligns with your budget and needs. 37 Low-Income Apartments: Bishop Edwin M. Conway Residence offers 37 low-income apartments, providing diverse housing options to meet various preferences and requirements. Waiting Lists: In today's rental market, it is common for apartments to have waiting lists. However, we provide this listing to facilitate direct contact with our management team. By calling the provided number, you can inquire about availability, application requirements, and the qualifications necessary to secure a residence with us. Important Reminders: - LIHTC Units: Keep in mind that our apartments fall under the Low-Income Tax Credit program (LIHTC). Familiarize yourself with this program to gain a better understanding of the benefits and requirements it entails. - Income Verification: During the application process, we require income verification for all adults who intend to reside in the apartment. This step ensures transparency and fairness in providing affordable housing options. 1 Bedroom Apartments: Currently, our location offers 1 bedroom apartments. Please contact us for more details, as we'd be happy to provide further information regarding availability and specific features. Conclusion: Bishop Edwin M. Conway Residence offers an affordable housing option through the LIHTC program in Chicago, IL. With our commitment to providing low-income individuals with quality housing, we encourage you to reach out to us directly at the provided number to explore the application process and determine if our residence aligns with your needs.