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Affordable Housing Option in Midland-Plano (Deer Run Apartments) - Low-Income Housing Tax Credit Apartment - Supported by LIHTC Program Rent and Income Restrictions Welcome to Midland-Plano (Deer Run Apartments), an affordable housing option in Plano, IL. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which offers incentives to builders and developers to provide affordable housing for low-income individuals. AMI-Based Rent and Income Restrictions The maximum rent charged at this apartment complex is determined by the Area Median Income (AMI). However, it is important to note that this may still make the apartment unaffordable for low-income persons due to the AMI restrictions. To determine if this housing option fits your budget, please check the current rental rates. 18 Low-Income Apartments Our complex offers 18 low-income apartments, but please be aware that there may be a waiting list. To apply and see if you qualify to live here, we encourage you to contact us directly using the provided phone number. Understanding LIHTC Units for Rent If you are unfamiliar with the Low Income Tax Credit (LIHTC) program, it is crucial to understand that the income of all adults expected to reside in the apartment must be included and verified at the time of application. For further details, please call us. Variety of Apartments Available We offer comfortable and affordable living options for different needs: - 1-bedroom apartments at this location - 2-bedroom apartments at this location Contact Us For more information, to inquire about availability or schedule a viewing, please reach out to us via the provided contact details. We are here to assist you in finding the perfect housing solution in Midland-Plano (Deer Run Apartments).
250 S Louis St, Plano, IL 60545
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