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Affordable Housing Option in Godfrey, IL Preis Lane Apartments - Low-Income Housing Tax Credit (LIHTC) Introduction: Are you in search of an affordable housing option in Godfrey, IL? Look no further than Preis Lane Apartments, conveniently supported by the Low-Income Housing Tax Credit program. These rental apartments provide much-needed assistance to low income individuals and families. Rent and Income Restrictions: Our apartments are subject to the applicable program rent and income restrictions set by LIHTC. This ensures that the housing remains affordable for those who need it the most. The maximum rent charged is determined based on the Area Median Income (AMI), which may still pose a challenge for some low income individuals. Check Affordability: Before considering a rental at Preis Lane Apartments, we encourage you to check the current rental rates. It is important to ensure that the apartment is affordable for your specific financial circumstances. Limited Availability: With only 8 low income apartments available, it is crucial to be aware of the high demand for affordable housing options. Waiting lists are common, so we recommend contacting us directly at the provided number to inquire about the application process and qualification criteria. Understanding LIHTC: Low Income Housing Tax Credit (LIHTC) units play a vital role in the provision of affordable housing to low income individuals and families. To be eligible to reside at Preis Lane Apartments, the income of all adults living in the apartment must be included and verified during the application process. Feel free to call us for more details regarding this requirement. Don't Miss Out: Take advantage of this opportunity to secure affordable housing at Preis Lane Apartments. Reach out to us today to explore the possibilities and determine if you qualify to live in our community.
1233 Surrey Ct., Godfrey, IL 62035
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