***SENIOR COMMUNITY FOR 55 ONLY***Beautiful affordable housing senior community for 55 years or older or disabled. Located near restaurants, shopping, library and bus line. On site laundry facility, community room, and management office. Many activities throughout the month. Please contact site manager for more details
|Studio (1/1)||475||Call for Price|
|One Bedroom (1/1)||620||Call for Price|
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.
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 Elgin but actual income limits may differ for units at Westwind Tower 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|