St. Elizabeth Senior Residence is managed by Catholic Charities Community Development Corporation.
The complex will include a mixture of one- and two-bedroom apartments in four three-story buildings. Each apartment will have its own attached one-car garage. There also will be a clubhouse with an apartment that will house a live-in manager. The first building is expected to open in March of 2017.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One bedroom One Bath (1/1) | 653 | Call for Price |
Two Bedroom One Bath (2/1) | 833 | 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.