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Affordable Housing Option in Low-Income Coal City - Overview of Country Place Coal City: Country Place Coal City offers Low-Income Housing Tax Credit apartments in Coal City, IL. These rental apartments are suitable for those seeking affordable housing options and are supported by the LIHTC program with rent and income restrictions. - Promoting Affordable Housing: The LIHTC program provides incentives to builders and developers, encouraging them to offer affordable housing options for low-income individuals. The maximum rent charged for these apartments is determined based on the AMI, Area Median Income. However, the AMI may still make this apartment unaffordable for those with low incomes. It is advisable to check the current rental rates to determine affordability. - Variety of Apartments: Country Place Coal City provides 24 low-income one and two-bedroom apartments. Given the demand for such accommodations, waiting lists are common. To inquire about eligibility and application procedures, feel free to contact the property directly using the provided contact number. - Understanding LIHTC Units: It is crucial to understand the concept of Low-Income Tax Credit (LIHTC) units available for rent. When applying, it is necessary to include and verify the income of all adults expected to reside in the apartment. For further details and clarification, please contact the property. - Apartment Details: Country Place Coal City offers 1-bedroom and 2-bedroom apartments. The specifics of each unit can be obtained by reaching out to the property. By organizing the information into distinct headings, the text is reconstructed to provide a different presentation while maintaining the key details.
1201 Country Place Ct, Coal City, IL 60416
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