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Affordable Housing in Pekin, IL: Sun Valley Apartments for Low-Income Individuals Introduction: Sun Valley Apartments Pekin offers a Low-Income Housing Tax Credit apartment option for individuals seeking affordable housing in Pekin, IL. This rental complex is supported by the LIHTC, which enables low-income individuals to benefit from program rent and income restrictions. Benefits of LIHTC: The LIHTC program provides incentives for builders and developers to create affordable housing options for low-income individuals. As a result, 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. To determine affordability, it is recommended to check the current rental rates. Number of Apartments: Sun Valley Apartments Pekin consists of 85 low-income apartments. Given the high demand for affordable housing, waiting lists for these apartments are quite common. Application Process: To apply for residency, we provide their contact information for direct communication. By reaching out to them, you can inquire about the application process to determine if you qualify to live at Sun Valley Apartments Pekin. Income Verification: When submitting an application, it is mandatory to include and verify the income of all expected adult residents. For further details, please contact them directly. Available Apartment Sizes: Sun Valley Apartments Pekin offers 3 bedroom and 4 bedroom apartments. This variety allows individuals or families of different sizes to find suitable living arrangements. Conclusion: With its location in Pekin, IL, Sun Valley Apartments provides an affordable housing option through the LIHTC program. By understanding the program's benefits, the application process, and available apartment sizes, individuals can determine if this is the right choice for them.
1300 Windflower St, Pekin, IL 61554
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