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State of Illinois provides state loans and tax credits

January 29th, 2008 · 1 Comment

Illinois Seal

A new senior housing facility with 67 units opened this month in Springfield, Illinois and the project received support from the state of Illinois with almost $8 million dollars in state loans and tax credits.  The facility was constructed by non-profit developer Abundant Faith Christian Center.    Sixty of the units are reserved for low income seniors and other rent subsidy programs are eligible for qualified residents. 

For more information, see the Blagojevich Administration’s statement here.

Tags: Affordable Housing · Assisted Living Facilities · Low Income Housing · Senior Housing Communities · Senior Housing Developers · Senior Housing Finance · Senior housing · Subsidized Housing · Tax Credits

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1 response so far ↓

  • 1 Mairlyn Grover // Feb 21, 2009 at 4:43 pm

    I am inquiry about low income housing for myself. I am 53 and have a seizure disorder that is keeping from working. becuase I can’t drive for at least a year or more. Besides I have other medical problems. I have filed for SSI and just waiting to heard from them.