Rose Terrace Senior Apartments is a 55+, Independent Senior Living facility located in Oswego, Ill, and is professionally managed by Wisconsin Management Company, Inc. The building has both one and two bedroom apartment homes with fully equipped kitchens. A laundry room is located on the second floor, right outside of the Library. The elevator allows for easy access to both. Since the building manager lives on-site, there is always friendly management and/or maintenance support to take care of all of your needs. The beautiful, professionally-landscaped grounds offer a walking path, a benched patio with grill and a lovely park-like setting in the rear of the property. The pond also welcomes year-round feathered friends and a wide variety of wildlife to enjoy. Coffee, resident-driven activities such as monthly potlucks, birthday celebrations, crafts and Kendall County Senior Service visits are among the activities that provide for a pleasant resident experience. Located within the 60543 zip code, Rose Terrace is located within a mile to the Oswego downtown area, as well as the restaurant and shopping area provided by the Route 34 corridor. Please feel free to call the office and set up an appointment to see why "Life is Good" at Rose Terrace Apartments.
Eligibility for Rose Terrace Apartments
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 Oswego but actual income limits may differ for units at Rose Terrace Apartments.
| 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 |
| Low Income (60%) | $47,040 | $53,760 | $60,480 | $67,140 | $72,540 | $77,940 | $83,280 | $88,680 |
Rose Terrace Apartments Details
- 36 bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
Office Hours
| Day | Hours |
|---|---|
| Monday | :00am-:00am |
| Wednesday | :00am-:00am |
| Friday | :00am-:00am |
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.
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