Continental Plaza Apartments

1330 W 78th St, Chicago, Illinois 60620

Contact Continental Plaza Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/1)	-	Call for Price

2 & 3 Bedrooms is Open Now

Last updated on October 4th, 2018

Eligibility for Continental Plaza Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Chicago but actual income limits may differ for units at Continental Plaza Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$23,200	$26,500	$29,800	$33,100	$35,750	$40,280
50%	$38,650	$44,150	$49,650	$55,150	$59,600	$64,000
80%	$61,800	$70,600	$79,450	$88,250	$95,350	$102,400

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 Chicago but actual income limits may differ for units at Continental Plaza Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$38,650	$44,150	$49,650	$55,150	$59,600	$64,000

Continental Plaza Apartments Details

292 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
Computer Lab
Community Room
On-Site Manager
Laundry Facilities
24 Hour Maintenance
Accessible Apartments

Unit Amenities

Cable Ready
Refrigerator
Stove

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.