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Affordable Housing Option in Decatur, IL: Roosevelt Apartments Overview: - Roosevelt Apartments Decatur offers Low-Income Housing Tax Credit (LIHTC) apartments. - These rental apartments are supported by the LIHTC program, ensuring affordability for eligible individuals. - Income restrictions and program rent apply to qualify for these apartments. Affordability Details: - LIHTC provides incentives to builders and developers to offer affordable housing for low-income individuals. - Maximum rent is determined based on the Area Median Income (AMI). - Due to AMI-based rent, this apartment may still be unaffordable for some low-income persons. - Check the current rental rates to determine if it fits your affordability criteria. Apartment Information: - There are 75 low-income apartments available at Roosevelt Apartments. - Given the high demand for affordable housing, waiting lists are common. - To apply and determine eligibility, please contact the provided number directly. Specific Apartment Types: - 1 bedroom apartments available at this location. - 2 bedroom apartments available at this location. - 3 bedroom apartments available at this location. Application Requirements: - All adults planning to reside in the apartment must include and verify their income during the application process. - For more details on application requirements and procedures, contact the provided number.
701 W Grand Ave, Decatur, IL 62522
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