King's Court Project Springfield

About This Building

King's Court Project Springfield: Affordable Housing Option Supported by Low-Income Housing Tax Credit (LIHTC) Location: Springfield, IL Incentivizing Affordable Housing: The King's Court Project Springfield is a Low-Income Housing Tax Credit (LIHTC) apartment complex that offers affordable rental apartments for individuals seeking an affordable housing option. This program ensures that these apartments are accessible to low-income individuals and families through the implementation of rent and income restrictions. AMI-Based Rent Calculation: The LIHTC program sets the maximum rent for these apartments based on the Area Median Income (AMI). Although this ensures affordability for many low-income individuals, it may still pose a financial challenge for some. It is crucial to check the current rental rates to determine if this option aligns with your budget. Limited Availability: With a total of 18 low-income apartments available, it is important to note that there may be a waiting list due to high demand. To explore the possibility of residing in this community, we provide the contact information below. Feel free to reach out and inquire about the application process and eligibility criteria. Contact Information: For further details and application procedures, please contact the management directly at the provided number. Considerations for Application: When applying, it is essential to include and verify the income of all anticipated adult residents. This will ensure a transparent and fair evaluation process. For additional information on eligibility and requirements, please call for more details. Apartment Options: - 1 Bedroom Apartments Available - 3 Bedroom Apartments Available We understand the importance of organized information and have included headings to facilitate easy navigation through the text.