Highland Meadows - IL

About This Building

Affordable Housing Option in Lanark, IL Highland Meadows: Low-Income Housing with Rental Assistance Introduction: Looking for an affordable housing option in Lanark, IL? Explore Highland Meadows, a Low-Income Housing Tax Credit apartment complex supported by LIHTC. These rental apartments offer applicable program rent and income restrictions, making it an ideal choice for low-income individuals and families. LIHTC and Affordable Housing: The LIHTC program provides incentives to builders and developers, encouraging the creation of affordable housing for low-income persons. At Highland Meadows, the maximum rent charged is determined based on the Area Median Income (AMI). However, due to the AMI, some low-income individuals may still find the apartment unaffordable. To determine affordability, check the current rental rates before making a decision. Available Apartments: Highland Meadows offers low-income one-bedroom apartments for individuals or small families. The unit availability may be limited, as apartment complexes often have waiting lists. It is advisable to inquire directly with the contact number provided to check if you can apply and qualify for residency. Conclusion: For those seeking an affordable living option in Lanark, IL, Highland Meadows presents a viable choice. Supported by LIHTC, this apartment complex caters to low-income individuals and families, but affordability may vary based on the AMI. Contact them today to learn more about availability and eligibility for residency.