Forrest View Seven Apartments

About This Building

Forest View Apartments, Phase VII Mulberry Grove: A Low-Income Housing Tax Credit Opportunity Location: Mulberry Grove, IL Affordable Housing Option: Looking for an affordable place to live? Forest View Apartments, Phase VII in Mulberry Grove offers rental apartments supported by the LIHTC. These apartments have program rent and income restrictions in place to ensure accessibility. Incentives for Affordable Housing: The LIHTC provides incentives to builders and developers to create housing options for low-income individuals. As a result, the maximum rent charged for these apartments is determined by the Area Median Income (AMI). Considerations for Low-Income Individuals: Due to the AMI criteria, affordability may vary for low-income individuals. It is recommended to check the current rental rates to determine if this option suits your budget. 12 Low-Income Apartments: Forest View Apartments, Phase VII offers 12 low-income apartments within its premises. As demand for such housing is high, waiting lists may be in place. Direct Contact Information: To explore the possibility of living here, feel free to contact the property directly at the provided number. They can provide additional information and guidance on eligibility. Tips on LIHTC Units: Understanding the concept of Low-Income Tax Credit (LIHTC) units for rent can help you navigate the application process more effectively. Income Verification: When applying for an apartment at Forest View Apartments, Phase VII, it is important to include and verify the income of all expected adult residents. Contact the management for further details. Available Apartment Types: - 1 Bedroom Apartments - 2 Bedroom Apartments