Page Commons Apartments is managed by Mercy Housing.
Page Commons Apartments, located in the heart of Gilbert’s downtown Historic District, features one– and two-bedroom apartments serving seniors 55 years and older with incomes between 30 percent and 60 percent of the area median income. The three-story apartment complex was built in 2005 and offers seniors seeking an independent lifestyle a variety of amenities and supportive services. The property is conveniently located within walking distance to the Gilbert Senior Center, Gilbert Parks and Recreation, and two community parks.
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 Gilbert but actual income limits may differ for units at Page Commons Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $32,750 | $37,400 | $42,100 | $46,750 | $50,500 | $54,250 | $58,000 | $61,750 |
Low Income (60%) | $39,300 | $44,880 | $50,520 | $56,100 | $60,600 | $65,100 | $69,600 | $74,100 |
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.