Silver Oaks at Waterford

1819 Silver Oaks Cir, Aurora, Illinois 60504

Contact Silver Oaks at Waterford

Community Amenities Include: 55+ Community, Pet Friendly, Raised Community Gardens, Community Room, Planned Resident Activities, On-Site Management, Professional Maintenance Team

Apartment Amenities Include: Cathedral Ceilings, Accessible Bathrooms, Washer/Dryer Connections, Gas Stoves, Private Entrances, Private Patios

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price

Eligibility for Silver Oaks at Waterford

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 Aurora but actual income limits may differ for units at Silver Oaks at Waterford.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$38,650	$44,150	$49,650	$55,150	$59,600	$64,000	$68,400	$72,800
Low Income (60%)	$46,380	$52,980	$59,580	$66,180	$71,520	$76,800	$82,080	$87,360

Silver Oaks at Waterford Details

96 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Community Room
On-Site Manager
Community Garden
Resident Activities

Unit Amenities

Handicapped Accessible
Private Entrance
Cathedral Ceilings
Private Patios
Full-Size Washer & Dryer Connections

Low-Income Housing Tax Credit (LIHTC)

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.