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Affordable Low-Income Apartments in Rockford, IL - Old City Hall Apartments Experience Quality Housing without Breaking the Bank Introduction: Old City Hall Apartments Rockford is an ideal option for those seeking affordable housing in Rockford, IL. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments offer an excellent opportunity for individuals and families with limited incomes. Incentivizing Affordable Housing: The LIHTC program encourages builders and developers to provide housing options that are within reach for low-income individuals. By offering incentives, it aims to address the housing needs of this specific demographic. Consequently, the maximum rent charged is based on the Area Median Income (AMI), which ensures accessibility for those with limited financial means. Considering Affordability: While the AMI-based rent system promotes affordability, it is important to note that this apartment may still be unaffordable for some low-income individuals due to AMI restrictions. We recommend checking the current rental rates to determine if this housing option aligns with your budget constraints. Available Units: Old City Hall Apartments offers a total of 31 low-income apartments, varying in size to accommodate different household needs. Whether you require a cozy one-bedroom apartment or a spacious two-bedroom unit, there are options available to suit your living requirements. Waiting List Awareness: As is common with many apartments, there may be a waiting list for available units. However, we provide this listing to allow you to directly contact the management using the provided number. Reach out to inquire about the application process and find out if you qualify for residency. Additional Information on LIHTC: It is crucial to consider the income requirements associated with LIHTC units. All adult members of your expected household must have their income included and verified during the application process. For further details, please don't hesitate to call for more information. Choose Affordable Living: 1. One-bedroom apartments at Old City Hall Apartments Rockford 2. Two-bedroom apartments at Old City Hall Apartments Rockford By structuring the text with headings, we provide a clear and organized overview of the affordable housing options available at Old City Hall Apartments Rockford.
126 S 1st St, Rockford, IL 61104
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