Paige Court Apartments South Beloit

About This Building

Affordable Housing Option in South Beloit, IL - Paige Court South Beloit - Introduction: Paige Court South Beloit offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. Located in South Beloit, IL, these rental apartments are supported by the LIHTC, ensuring affordable housing for those with applicable program rent and income restrictions. - Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to create housing options for low-income individuals. By offering tax credits, this program encourages the provision of affordable housing options. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI) of the area. - Considerations for Affordability: While Paige Court South Beloit aims to provide affordable housing, the AMI-based rent may still be unaffordable for some low-income individuals. It is essential to check the current rental rates and determine if this housing option fits within your budget. - Availability and Waiting Lists: With only 12 low-income apartments available, there may be waiting lists for these units. However, we provide this listing to enable you to contact them directly and inquire about the application process and qualification criteria. - Important Information about LIHTC: When applying for residency at Paige Court South Beloit, the income of all expected adult residents must be included and verified during the application process. For more details and assistance, please call for further information. - One-Bedroom Apartments: Paige Court South Beloit offers one-bedroom apartments, perfect for individuals or couples seeking affordable housing in the area. These apartments are designed to meet the specific needs of low-income individuals looking for comfortable living options. Note: The rewritten text maintains the overall message and information provided in the original but presents it in a different structure and rephrases certain sections.