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Affordable Housing Option in Lincoln, IL with Income Restrictions Brainard Landings Apartments, Phase II Lincoln is a low-income housing tax credit (LIHTC) apartment complex situated in Lincoln, IL. This rental community offers affordable housing options for those seeking an economical living arrangement. Supported by the LIHTC program, these apartments come with rent and income restrictions that aim to provide housing for individuals with low income. Incentives for Affordable Housing The LIHTC program incentivizes builders and developers to create affordable housing opportunities for low-income individuals. As a result, the maximum rent charged is determined based on the Area Median Income (AMI). However, it is important to note that for some low-income individuals, this apartment complex may still be unaffordable due to the AMI requirements. Therefore, it is recommended to check the current rental rates to determine if it is within your budget. 46 Low Income Apartments Available Brainard Landings Apartments, Phase II Lincoln offers a total of 46 low-income apartments. Given the current demand for affordable housing, it is common for such communities to have waiting lists. However, by providing this listing, we enable you to directly contact the apartment management to inquire about the possibility of applying and qualifying to live in this community. Know About the Low Income Tax Credit (LIHTC) Units When applying for an apartment at Brainard Landings Apartments, all adults who are expected to reside in the unit must include and verify their income. This information is crucial during the application process and can be obtained by calling the provided contact number to learn more details. Various Apartment Options Available Brainard Landings Apartments, Phase II Lincoln offers a range of apartment types to suit different needs. These include: 1. 1 Bedroom Apartments 2. 2 Bedroom Apartments 3. 3 Bedroom Apartments Each of these units presents an opportunity for affordable housing in Lincoln, IL. By organizing the information under the respective headings, it becomes easier to understand the diverse options available at Brainard Landings Apartments, Phase II Lincoln.
1103 N State St, Lincoln, IL 62656
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