Located at 3235 Milwaukee Avenue in Glenview, Axley Place is a supportive housing development that offers 13 units with 8 one-bedroom, 2 two-bedroom, and 3 three-bedroom apartments. The development consists of two buildings, one with 5 units and one with 8 units. The buildings are two stories with the first floor built at-grade for accessibility. On-site amenities include a management office with meeting rooms for case management, a laundry room and storage. The site is fully landscaped with garden plots for residents to use. The development is energy-efficient and certified green.
|One Bedroom One Bath (1/1)||-||Call for Price|
|Two Bedroom One Bath (2/1)||-||Call for Price|
|Three Bedroom One in a half Bath (3/1.5)||-||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.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
Axley Place is managed by Housing Opportunity Development Corporation.