Casavant Overlook Apartments are opening september of 2019. This will be a true mixed-income development, containing a total of 39 rentals, consisting of 12 market rate units and 27 affordable housing units. In addition, 4 of the affordable units will provide service-enriched housing for those who are at-risk of homelessness.
This property is currently under construction.
Casavant Overlook Apartments are opening september of 2019.
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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.
Casavant Overlook Apartments is managed by Summit Properties.