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Affordable Housing Option in Madison, IL: Greenwood Senior Apartments _________________________________________________________ Greenwood Senior Apartments Madison offers a Low-Income Housing Tax Credit program for those seeking affordable housing. These rental apartments are supported by the LIHTC and feature program rent and income restrictions, making it an ideal choice for low-income individuals. Incentives for Affordable Housing: __________________________________ The LIHTC program encourages builders and developers to provide affordable housing options for low-income individuals. The maximum rent charged is determined by the Area Median Income (AMI). However, it is important to note that the AMI may render this apartment unaffordable for some low-income individuals. Please check the current rental rates to determine if it fits within your budget. Availability and Waiting Lists: ______________________________ Located in Madison, IL, the Greenwood Senior Apartments offer 12 low-income apartments. As with most affordable apartments, there may be waiting lists. To explore your eligibility and apply for residency, feel free to contact the administration directly at the provided number. Important Information About LIHTC: _______________________________ To apply for these apartments, the income of all adults planning to reside at the apartment must be included and verified during the application process. For more detailed information, please call the provided number. 2 Bedroom Apartments Available: _____________________________ Apart from its affordability, Greenwood Senior Apartments Madison also offers 2 bedroom apartments. These spacious units provide comfortable living spaces for individuals and families alike. Take advantage of this opportunity to secure affordable housing in Madison, IL. Contact Greenwood Senior Apartments today to inquire about residency eligibility and application procedures.
1026 Greenwood St, Madison, IL 62060
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