About This Chestnut Madison Recovery
This apartment complex, Chestnut Madison Recovery Madison, is a part of the Low-Income Housing Tax Credit program in Madison, IL. It offers affordable rental apartments that have rent and income restrictions based on the LIHTC. Builders and developers are incentivized to provide low-income housing through this program. However, the maximum rent is determined by the Area Median Income (AMI), which may still make it unaffordable for some low-income individuals. There are 32 low-income apartments available, but there may be a waiting list. If interested, please contact the complex directly to see if you qualify. It is important to note that all adults planning to live in the apartment must have their income included and verified at the time of application. Additional details can be obtained by calling the complex.
How to apply
Public housing is a form of housing tenure in which the property is usually owned by a government
authority, either central or local. The federal Housing and Urban Development (HUD) department
addressed concerns of distressed properties and blighted superblocks with revitalization and funding
projects for the renewal of public housing to decrease its density and allow for tenants with mixed
income levels.
1. Check Your Eligibility Criteria
2. Search For Your Local Housing Authority
3. Fill In And Submit The Application Form
4. Check Your Waiting List Status
5. Move Into An Unit
Statement
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