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Affordable Housing in Moline, IL with Income Restrictions Welcome to Pheasant Ridge Apartments Moline, a Low-Income Housing Tax Credit apartment complex. If you're in search of an affordable housing option, these rental apartments are supported by the LIHTC program. This means that the rent and income restrictions apply to qualify for residency. Providing a Solution for Low-Income Individuals Thanks to the LIHTC program, builders and developers are incentivized to create affordable housing for low-income persons. The maximum rent charged is determined based on the Area Median Income (AMI). However, it's important to note that the AMI may still make this apartment unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if it fits within your budget. Available Apartments and Waitlists At Pheasant Ridge Apartments, there are a total of 216 low-income apartments available. As demand for affordable housing is high, it is common for most apartments to have waiting lists. To apply and see if you qualify for residency, we provide the contact information below. Office Hours to Assist You Our office is open to assist you with any inquiries. Please note our office hours: - Monday to Friday: 8:00 AM - 5:00 PM - Saturday: 10:00 AM - 2:00 PM - Sunday: Closed Understanding the LIHTC Program It is important to understand the Low-Income Housing Tax Credit (LIHTC) program, which provides rental units for low-income individuals. When applying, make sure to include and verify the income of all expected adults who will reside in the apartment. For more details, feel free to call us. Apartment Types Available - 1 bedroom apartments - 2 bedroom apartments To structure the text, we can use the following headings: 1. Introduction: Affordable Housing in Moline, IL with Income Restrictions 2. Providing a Solution for Low-Income Individuals 3. Available Apartments and Waitlists 4. Office Hours to Assist You 5. Understanding the LIHTC Program 6. Apartment Types Available
3500 70th St, Moline, IL 61265
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