Village Manor Apartments

About This Building

Affordable Housing Option at Village Manor Apartments in Oblong, IL Introduction: Village Manor Apartments offers an excellent opportunity for those seeking affordable housing in Oblong, IL. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which aims to provide affordable housing options to low-income individuals and families. Affordability Considerations: The LIHTC program ensures that these apartments come with program rent and income restrictions, making them an attractive choice for those on a limited budget. However, it's crucial to note that the maximum rent charged is determined based on the Area Median Income (AMI). As such, the affordability may still vary for low-income persons depending on the AMI in effect at the time. Rental Rates: To determine whether Village Manor Apartments are within your affordability range, it's recommended to check the current rental rates. Please note that the AMI-based pricing may still pose challenges for those with low incomes. Apartment Details: Village Manor Apartments consists of 16 one and two-bedroom apartments designed specifically for low-income individuals and families. Given the high demand for affordable housing options, it is common for such apartments to have waiting lists. Application Process: To explore the possibility of living at Village Manor Apartments, it is advised to directly contact the management team using the provided phone number. They can provide detailed information regarding the application process, and assist in determining your eligibility to reside here. Focus on LIHTC: Understanding the Low-Income Housing Tax Credit (LIHTC) program is crucial for those searching for affordable rental units. It is important to note that the income of all adults planning to reside in the apartment must be included and verified during the application process. For more information about LIHTC units and their availability, please reach out to the management team. Apartment Types: Village Manor Apartments offers both one and two-bedroom units, catering to various needs and family sizes. Please contact the management team to learn more about the specifics and availability of these apartment types. Conclusion: If you are in search of affordable housing in Oblong, IL, Village Manor Apartments could be an excellent choice. Supported by the LIHTC program, these apartments aim to provide a budget-friendly option for low-income individuals and families. Ensure to inquire about the application process and eligibility requirements by directly contacting the management team.