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Affordable Housing Option in Prophetstown, IL: Al's Place Welcome to Al's Place, a low-income housing tax credit apartment complex located in Prophetstown, IL. If you are currently seeking an affordable housing option, our rental apartments are supported by the LIHTC, providing applicable program rent and income restrictions. Encouraging Affordable Housing through LIHTC: The LIHTC program offers incentives to builders and developers, ensuring the provision of affordable housing opportunities to low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI), which may still render our apartment unaffordable for some low-income individuals. To determine its affordability for you, kindly refer to the current rental rates. 16 Low-Income Apartments Available: Al's Place Prophetstown offers a total of 16 low-income apartments. Please note that due to the high demand for affordable housing, waiting lists are common in most apartment complexes nowadays. However, we provide this listing to facilitate direct contact with our management for any inquiries regarding the application process and potential qualification to reside here. Important Considerations for LIHTC Units: When applying for residency at Al's Place, it is crucial to include and verify the income of all adults who are expected to live in the apartment. Additionally, please feel free to call our office for more information and detailed eligibility requirements. One-Bedroom Apartments Available: At Al's Place, we offer comfortable one-bedroom apartments to cater to your housing needs. Contact us today to learn more about availability and secure your spot in our community.
405 A St, Prophetstown, IL 61277
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