Chatham Crossing Chatham

About This Building

Chatham Crossing: Affordable Housing Option in Chatham, IL Introduction: Chatham Crossing is a Low-Income Housing Tax Credit (LIHTC) apartment complex located in Chatham, Illinois. This housing option is ideal for individuals searching for affordable rentals, as it is supported by the LIHTC program which imposes rent and income restrictions. LIHTC Incentives: The LIHTC program offers incentives to builders and developers to ensure the provision of affordable housing for low-income individuals. The maximum rent charged in these apartments is based on the Area Median Income (AMI). However, due to this AMI limitation, some low-income individuals may find this apartment unaffordable. To determine affordability, it is recommended to check the current rental rates. Apartment Details: Chatham Crossing consists of 60 low-income apartments. Since most apartments usually have waiting lists, it is advised to directly contact the management using the provided number to inquire about the application process and qualifications. TIP: Low Income Tax Credit (LIHTC) Units for Rent: It is crucial to consider the income of all expected adult residents when applying for this apartment. This income must be included and verified during the application process. For more details regarding eligibility, please call the provided contact number. Available Apartment Sizes: Chatham Crossing offers the following apartment sizes: 1 bedroom apartments 2 bedroom apartments 3 bedroom apartments Conclusion: Chatham Crossing in Chatham, IL, provides an affordable housing option for those seeking assistance through the LIHTC program. By understanding the income restrictions and application process, interested individuals can determine their eligibility and potentially secure a suitable apartment.