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Title: A Welcoming Community Offering Affordable Housing in Chicago, IL Section 1: Introduction Welcome to Madres Unidas: A Low-Income Housing Tax Credit Apartment Section 2: Affordable Housing Option - Seeking an affordable housing option in Chicago, IL? Look no further! - Madres Unidas offers rental apartments supported by the LIHTC, ensuring affordability. - The LIHTC program sets rent and income restrictions to support low-income individuals. Section 3: Incentivizing Affordable Housing - Builders and developers are motivated by LIHTC incentives to provide affordable housing. - Rent charges are determined based on the Area Median Income (AMI). - The AMI may still pose challenges for individuals with low incomes. Section 4: Assessing Affordability - Before making a decision, it is crucial to check the current rental rates. - Consider your affordability in relation to the established rental prices. Section 5: A Community with Options - Madres Unidas offers 36 low-income apartments, catering to different household needs. - Two-bedroom apartments available at this location. - Three-bedroom apartments also available at this location. Section 6: Waitlist and Application Process - As demand is high, waiting lists for apartments are common. - Contact Madres Unidas directly using the provided number to inquire about eligibility and application. - Learn more about the Low Income Tax Credit (LIHTC) units for rent. Section 7: Income Verification - To apply, all adults expected to reside must include and verify their income. - For additional information on the application process, please call for more details.
1625 N Drake Ave, Chicago, IL 60647
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