Shumway Apartments

About This Building

Introducing Shumway Apartments in Taylorville, Illinois: Affordable Housing Option with Low-Income Tax Credit Overview: - Shumway Apartments Taylorville is a Low-Income Housing Tax Credit apartment providing affordable housing in Taylorville, IL. - Supported by the LIHTC program, these rental apartments offer reduced rent options for low-income individuals. - Income restrictions apply as per the program guidelines. Low-Income Tax Credit Incentives: - The LIHTC program encourages builders and developers to create affordable housing options for low-income individuals. - Maximum rent is determined based on the Area Median Income (AMI), potentially affecting affordability for some applicants. - Current rental rates can be checked to determine suitability for individual needs. Apartment Details: - Shumway Apartments Taylorville offers 24 one and two bedroom low-income apartments. - Due to high demand, waiting lists for apartments are common. Application Process: - Interested individuals are encouraged to directly contact Shumway Apartments Taylorville at the provided phone number. - Potential applicants can inquire about eligibility criteria and determine if they meet the requirements. Important Note: - LIHTC guidelines mandate that income from all adults planning to reside in the apartment must be included and verified during the application process. - For further details and specific information, please contact the management.