Royal Lakes Senior Apartments Royal Lakes

About This Building

Affordable Housing Option in Royal Lakes, IL - Overview: Royal Lakes Senior Apartments is a low-income housing option supported by the LIHTC program in Royal Lakes, IL. - Limited Rental Rates: The LIHTC program sets the maximum rent based on the Area Median Income (AMI), which may still be unaffordable for some low-income individuals. - Availability: This apartment complex offers 8 low-income apartments, but waiting lists are common. Contact them directly to inquire about eligibility and application process. - About LIHTC: The LIHTC program incentivizes builders and developers to provide affordable housing for low-income individuals. - Income Verification: When applying, all adults expected to reside in the apartment must include and verify their income. Contact for more details. - Apartment Options: The complex offers both 1-bedroom and 2-bedroom apartments.