Thornwood Apartments
19440 Glenwood Rd, Chicago Heights, Illinois 60411
Thornwood Apartments features a beautifully landscaped community with a private playground area, swimming pool and ample parking. This community offers 1, 2 and 3 bedroom units that feature a stove, refrigerator and dishwasher and include a private balcony or patio. Thornwood Apartments is close to public transportation and minutes to I-80, I-57, I-94, I-294 and IL-394.
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 640 | Call for Price |
| 2 Bedroom (2/1) | 853 | Call for Price |
| 3 Bedroom (3/2) | 1,056 | Call for Price |
Thornwood Apartments Details
- 232 one, two and three bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- Section 8 Project-Based Rental Assistance
Property Amenities
- Elevator
- Playground
- Business Center
- Clubhouse
- On-Site Manager
- On-Site Maintenance
- High Speed Internet Access
- Swimming pool
Unit Amenities
- Air Conditioning
- Dishwasher
- Storage
Low-Income Housing Tax Credit (LIHTC)
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Section 8 Project-Based Rental Assistance
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Chicago Heights HUD Rental Assistance Income Qualifications
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Chicago Heights but actual income limits may differ for units at Thornwood Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $21,900 | $25,000 | $28,150 | $31,250 | $33,750 | $37,190 | $41,910 | $46,630 |
| 50% | $36,500 | $41,700 | $46,900 | $52,100 | $56,300 | $60,450 | $64,650 | $68,800 |
| 80% | $58,350 | $66,700 | $75,050 | $83,350 | $90,050 | $96,700 | $103,400 | $110,050 |
Chicago Heights Low-Income Housing Tax Credit Income Limits
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Chicago Heights but actual income limits may differ for units at Thornwood Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $36,500 | $41,700 | $46,900 | $52,100 | $56,300 | $60,450 | $64,650 | $68,800 |
| Low Income (60%) | $43,800 | $50,040 | $56,280 | $62,520 | $67,560 | $72,540 | $77,580 | $82,560 |
Thornwood Apartments is managed by Ludwig And Company.
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