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Affordable Housing Option in Waterman, IL Supported by LIHTC Welcome to Waterman Garden Apartments – an excellent Low-Income Housing Tax Credit (LIHTC) apartment option for those seeking affordability in Waterman, IL. These rental apartments are specifically designed to cater to low-income individuals and families, as they are supported by the LIHTC program, which offers rent and income restrictions. Incentivizing Affordable Housing The LIHTC program encourages builders and developers to contribute to the provision of affordable housing for low-income individuals. As a result, the maximum rent charged is determined based on the Area Median Income (AMI) of the region. However, it is important to note that the AMI can still pose a challenge for some low-income individuals, as it may make these apartments unaffordable. It is recommended to check the current rental rates to determine whether they align with your affordability criteria. One and Two Bedroom Apartments Available Waterman Garden Apartments offers both one and two bedroom apartments, providing flexibility to cater to different housing needs. Whether you're an individual or a small family, these apartments can accommodate your requirements. Contact Information for Application and Eligibility As demand for affordable housing is high, many apartments have waiting lists. We provide the contact information for Waterman Garden Apartments below, so you can directly get in touch with them. Feel free to inquire about the application process and whether you qualify to live in this wonderful community. Don't miss out on this opportunity! Take the first step towards securing an affordable housing option by reaching out to Waterman Garden Apartments today.
215 E. Duffy Rd., Waterman, IL 60556
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