Magnolia Gardens

About This Building

Welcome to Magnolia Arms: Affordable Housing in Chicago, IL Are you in search of an affordable housing option in Chicago, IL? Look no further than Magnolia Arms, a Low-Income Housing Tax Credit apartment complex. Supported by the LIHTC program, these rental apartments offer reduced rates and income restrictions for eligible individuals. Incentivizing Affordable Housing The LIHTC program encourages builders and developers to create housing options for low-income individuals. The maximum rent charged at Magnolia Arms is determined based on the Area Median Income (AMI). However, please note that the AMI may still pose affordability challenges for low-income persons. We recommend checking the current rental rates to determine if it fits within your budget. 70 Low-Income Apartments With 70 low-income apartments available, Magnolia Arms strives to meet the housing needs of individuals within the community. Given the current demand for affordable housing, waiting lists are common in many locations. We provide this listing to facilitate direct contact with Magnolia Arms. Reach out using the provided number to inquire about applications and eligibility. Amenities for Comfortable Living Magnolia Arms offers a range of amenities to enhance your living experience. Enjoy the luxury of hardwood floors, the convenience of on-premises laundry facilities, and the practicality of a refrigerator and window coverings in every apartment. TIP: What to know about LIHTC (Low-Income Housing Tax Credit) units for rent. When applying for an apartment at Magnolia Arms, it is important to include and verify the income of all adults expected to reside there. For more detailed information, please reach out to the provided contact number. 1 Bedroom Apartments Available At Magnolia Arms, we have 1-bedroom apartments that suit various housing needs. Contact us today to discuss availability and scheduling a tour. Discover Affordable Living at Magnolia Arms Experience the benefits of living in a LIHTC apartment with reduced rates and income restrictions. Contact Magnolia Arms directly to explore your eligibility and potential future residency.