Flax Meadow Townhomes

216 Flax Drive, Highland, Illinois 62249

Flax meadows Townhomes Development will consist of 32 total units to be located in seven 4-plex buildings and one five-plex buildings, which also contains on-site management and NFP service offices.

This property is currently under construction.

Funded just closed. Construction starting soon

Units

Unit (Bd/Ba)	Ft2	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price

Flax Meadow Townhomes Details

• 32 1, 2 and 3 bedroom units.
• Low-Income Housing Tax Credit (LIHTC)

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.