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Affordable Apartments in Waterloo: Monroe County Apartments Overview: - Waterloo, IL offers Monroe County Apartments as a Low-Income Housing Tax Credit (LIHTC) option. - These rental apartments are supported by the LIHTC program, ensuring affordability with rent and income restrictions. - The LIHTC program incentivizes builders and developers to provide housing for low-income individuals. - Rent is determined based on the Area Median Income (AMI), which may impact affordability for some applicants. - It is advisable to check the current rental rates to determine if these apartments are suitable for you. Apartment Details: - Monroe County Apartments feature 14 low-income units. - Due to high demand, waiting lists for apartments are common nowadays. - Contact the apartment management directly using the provided number to inquire about the application process and eligibility. Important Information: - Understanding LIHTC (Low Income Tax Credit) Units for Rent: Familiarize yourself with the LIHTC program and its benefits. - When applying for the apartment, make sure to include and verify the income of all expected adult residents. - For more details, call the apartment management to clarify any queries you may have. Apartment Options: - 1-bedroom apartments available at this location. - 2-bedroom apartments available at this location. - 3-bedroom apartments available at this location.
230 Bradford Ln, Waterloo, IL 62298
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