Pontiac Towers Pontiac

About This Building

Pontiac Towers: Affordable Housing Option in Pontiac, IL Affordable Apartments Supported by LIHTC Pontiac Towers is a housing option in Pontiac, IL, designed to cater to low-income individuals and families. These rental apartments are backed by the Low-Income Housing Tax Credit (LIHTC) program, which ensures that the rent is affordable for eligible tenants based on their income level and program guidelines. AMI-Based Rent Restrictions The LIHTC program provides incentives to builders and developers to create affordable housing options for low-income individuals. The maximum rent charged at Pontiac Towers is determined by the Area Median Income (AMI). However, it is important to note that the AMI-based rent may still be beyond the means of some low-income individuals. Check Rental Rates for Affordability Before deciding on Pontiac Towers as your housing option, it is crucial to check the current rental rates to determine if it fits within your budget. We understand that affordability is a key factor for low-income individuals, and we want to ensure that our tenants can comfortably meet their housing expenses. 103 Low-Income Apartments Available Pontiac Towers offers a total of 103 low-income apartments to cater to the housing needs of the community. Due to the high demand for affordable housing options, most apartments typically have waiting lists. However, we provide this listing so that you can directly contact Pontiac Towers at the provided number to inquire about availability and eligibility requirements. Important Details to Consider To qualify for an apartment at Pontiac Towers, it is essential to include and verify the income of all adults who will reside there when submitting your application. For more information and detailed eligibility criteria, please call the provided number. Variety of Apartment Sizes At Pontiac Towers, you can choose between 1-bedroom and 2-bedroom apartments, depending on your specific needs and preferences. We strive to offer a variety of options to accommodate different household sizes and individual requirements. Don't Miss Out on LIHTC Units Knowing about the availability of LIHTC (Low Income Tax Credit) units for rent can greatly benefit individuals seeking affordable housing. These units are specifically designated for low-income individuals and can offer attractive rental rates. Take advantage of this opportunity and find out more by contacting Pontiac Towers. By organizing the provided information into clear headings, we aim to make it easier for potential tenants to understand the key details about Pontiac Towers and the affordable housing options provided.