Aurora St. Charles Senior Living Center is managed by Evergreen Real Estate Group.
The building, built in 1932 and listed on the National Register of Historic Places since 2010, was all but left for dead a little more than a year ago. That's when Evergreen Real Estate Group, of Chicago, and the city of Aurora spearheaded a complicated public and private partnership to rehab the building into a senior apartment complex.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
1 Bedroom (1/1) | - | Call for Price |
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.