Library Lane Senior Residence Grayslake

About This Building

Library Lane Senior Residence: Affordable Housing in Grayslake, IL Overview: - Library Lane Senior Residence is a Low-Income Housing Tax Credit apartment in Grayslake, IL. - These rental apartments offer an affordable housing option with program rent and income restrictions supported by the LIHTC. - Developers and builders receive incentives through LIHTC to provide affordable housing for low-income individuals. - The maximum rent charged is determined based on the Area Median Income (AMI), which may make this apartment unaffordable for some low-income individuals. - Check the current rental rates to determine if this option fits your budget. Apartment Details: - There are 148 low-income apartments available at Library Lane Senior Residence. - Due to the high demand for affordable housing, waiting lists for most apartments are common. - Contact the provided number directly to inquire about the application process and eligibility. Unit Types: - 1 bedroom apartments available at this location. - 2 bedroom apartments available at this location. Application Requirements: - All adults who expect to live in the apartment must include and verify their income during the application process. - Call for more details on the application requirements and process.