Lake Matherville Manor

About This Building

Affordable Housing Option in Matherville, IL Welcome to Lake Matherville Manor, a Low-Income Housing Tax Credit apartment complex conveniently situated in Matherville, IL. If you are in search of an affordable housing option, these rental apartments are specifically supported by the LIHTC program, offering applicable program rent and income restrictions. This initiative incentivizes builders and developers to provide housing options for individuals with low income. Rent Based on Area Median Income (AMI) In adherence to the LIHTC guidelines, the maximum rent charged at Lake Matherville Manor is determined by the Area Median Income (AMI). However, it is important to note that due to this AMI calculation, the apartment may still be unaffordable for some low-income individuals. To ascertain affordability, we recommend checking the current rental rates. Low-Income Apartments Available Lake Matherville Manor offers 24 one and two bedroom apartments tailored to cater to the needs of low-income individuals and families. These apartments provide a comfortable and affordable housing solution amidst the bustling town of Matherville. Contact Information As the demand for affordable housing is high, it is not uncommon for apartments to have waiting lists. To enquire about availability and potential application, we provide the direct contact number for Lake Matherville Manor. Reach out to them directly and determine if you qualify to live in this community. Experience Affordable Living at Lake Matherville Manor Affordable housing is a vital need, and the LIHTC program aims to fulfill this requirement. Discover the affordability and comfort offered at Lake Matherville Manor and explore the possibility of finding your ideal home within this community.