Emerald Village Schaumburg

About This Building

Affordable Housing Option in Schaumburg, IL Looking for a cost-effective housing solution in Schaumburg, IL? Look no further than Emerald Village Schaumburg, a Low-Income Housing Tax Credit apartment complex. Supported by the LIHTC program, these rental apartments have rent and income restrictions in place to cater to low-income individuals. Incentivizing Affordable Housing The LIHTC program aims to encourage builders and developers to provide housing options for low-income persons. As a result, the maximum rent charged is based on the Area Median Income (AMI). It's important to note that this AMI might still render the apartment unaffordable for some low-income individuals. To determine affordability, check the current rental rates provided. 97 Low Income Apartments Available Emerald Village Schaumburg boasts 97 apartments designed for low-income residents. Please bear in mind that demand for these apartments can be high, resulting in waiting lists. We have provided their contact number so you can inquire directly, assess your eligibility, and apply accordingly. Understanding LIHTC Units When applying, it is necessary to include and verify the income of all adults expected to reside in the apartment. For more specific information, please call for additional details. Apartment Options Emerald Village Schaumburg offers both 1-bedroom and 2-bedroom apartments. Consider these options to find the space that suits your needs. Enhancing the structure of the text: 1. Affordable Housing Option in Schaumburg, IL 2. Incentivizing Affordable Housing 3. 97 Low Income Apartments Available 4. Understanding LIHTC Units 5. Apartment Options