Hollow Tree Apartments

About This Building

Affordable Housing Option at Hollow Tree Apartments in Galesburg, IL 1. Introduction: Welcome to Hollow Tree Apartments, an affordable housing option located in Galesburg, IL. If you are in search of an affordable place to call home, these rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program. 2. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers, encouraging them to offer affordable housing options to low-income individuals. By participating in this program, Hollow Tree Apartments aim to provide affordable homes to those who need it the most. 3. Rent and Income Restrictions: Please note that the applicable program rent and income restrictions apply to these apartments. The maximum rent charged is determined based on the Area Median Income (AMI). It is important to consider that the AMI may make this apartment unaffordable for some low-income individuals. We recommend checking the current rental rates to determine affordability. 4. Variety of Apartments: Hollow Tree Apartments offer a selection of 62 one, two, and three-bedroom apartments designed for low-income individuals and families. These apartments are thoughtfully designed to meet your housing needs. 5. Waiting Lists: In today's rental market, it is common for apartments to have waiting lists. We provide this listing to help you directly contact Hollow Tree Apartments and inquire about the application process. Please call the provided number to determine if you meet the qualifications and can apply to live in this community. By restructuring the text and adding appropriate headings, the information has been presented in a more organized and distinct manner.