Chapel Garden Senior Apartments

East Side of Mcaree Rd, Waukegan, Illinois 60085

Chapel Garden Senior Apartments Details

  • 22 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.

Waukegan 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 Waukegan but actual income limits may differ for units at Chapel Garden Senior 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

Nearby Low Income Apartment Communities

Hickory Manor Apartments

4160 Continental Dr
Waukegan, Illinois
Call For Rent
1-3 BR
Rent Assisted

Cinnamon Lake Towers

2701 Glen Flora Avenue
Waukegan, Illinois
Studio-2 BR
Rent Assisted

Kings Court Apartments

2801N W Grandville Ave
Waukegan, Illinois
1-2 BR

Village Park Apartment Homes

2520 Village Park Dr
Waukegan, Illinois
1 BR