Liberty Towers Libertyville

About This Building

Liberty Towers Libertyville: Affordable Low-Income Housing in Libertyville, IL Overview: - Liberty Towers Libertyville is a Low-Income Housing Tax Credit apartment complex located in Libertyville, IL. - These rental apartments are supported by the LIHTC program, making them an affordable housing option for low-income individuals and families. - The applicable program rent and income restrictions ensure affordability for eligible residents. LIHTC Program: - The LIHTC program incentivizes builders and developers to offer affordable housing to low-income individuals. - The maximum rent charged is based on the Area Median Income (AMI), which may affect affordability for some low-income individuals. Rental Rates: - Due to the AMI-based rent structure, this apartment may still be unaffordable for some low-income individuals. Please check the current rental rates to determine affordability. Apartment Details: - Liberty Towers Libertyville offers 120 low income apartments. - As demand for affordable housing is high, it is common for apartments to have waiting lists. Please contact the complex directly to inquire about availability and eligibility. Important Information: - To apply for residency, the income of all adults planning to live in the apartment must be included and verified at the time of application. Please call for more details. - The complex offers both 1-bedroom and 2-bedroom apartments. Note: LIHTC (Low-Income Tax Credit) Units for Rent: - It's crucial to be aware of the LIHTC program when searching for affordable housing. - This program plays a significant role in making units available for low-income individuals. - Consider exploring LIHTC units to find suitable rental options for your needs.