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Affordable Housing Option at Victory Centre Of Melrose Melrose Park Explore Low-Income Housing Tax Credit Apartments in Melrose Park, IL If you are searching for a reasonably priced housing solution, Victory Centre Of Melrose Melrose Park offers Low-Income Housing Tax Credit apartments. These rental units are supported by the LIHTC program, and they come with specific income and rent restrictions. Encouraging Affordable Housing for Low-Income Individuals The LIHTC program provides incentives to builders and developers to create affordable housing options for individuals with low income. The maximum rent is determined based on the Area Median Income (AMI). However, it's important to note that this apartment may still be unaffordable for those with low income, given the AMI. We recommend checking the current rental rates to ascertain affordability. Ample Low-Income Apartments Available Victory Centre Of Melrose Melrose Park offers a total of 109 low-income apartments. In today's housing market, many apartments have waiting lists. To learn more about the application process and to see if you qualify to reside here, feel free to contact them directly at the provided number. Know About Low Income Tax Credit (LIHTC) Units for Rent It is essential to include and verify income from all adults who are expected to live in this apartment at the time of application. For further information, do not hesitate to reach out for more details. Spacious Two-Bedroom Apartments Victory Centre Of Melrose Melrose Park provides two-bedroom apartments at this location.
1800 Riverwoods Dr, Melrose Park, IL 60160
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