Marycrest Village

2115 Marmion Ave , Joliet, Illinois 60436

Contact Marycrest Village

Located 46 miles southwest of Chicago, Marycrest Village is a 57-unit low income senior community serving Joliet, IL. Marycrest is minutes away from medical services, the mall, a pharmacy and markets.

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

Eligibility for Marycrest Village

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 Joliet but actual income limits may differ for units at Marycrest Village.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$23,500	$26,850	$30,200	$33,550	$36,250	$40,280	$45,420	$50,560
50%	$39,200	$44,800	$50,400	$55,950	$60,450	$64,950	$69,400	$73,900
80%	$62,650	$71,600	$80,550	$89,500	$96,700	$103,850	$111,000	$118,150

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 Joliet but actual income limits may differ for units at Marycrest Village.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$39,200	$44,800	$50,400	$55,950	$60,450	$64,950	$69,400	$73,900

Marycrest Village Details

57 one bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room
Laundry Room
On-Site Parking
Resident Service Coordinator
Outings events & activities

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.

Images of Marycrest Village

Nearby Low Income Apartment Communities like Marycrest Village

Hope Manor Joliet

1331 Eagle Street

Joliet, Illinois

Subsidized

Rent Assisted

LIHTC

PBV

Call For Rent

1-3 BR

Contact Now