Zion Senior Cottages

1005 Prestwick Dr, Zion, Illinois 60099

Contact Zion Senior Cottages

Zion Senior Cottages residence is a privately owned community that was built in 2006 and developed under the Federal Affordable Housing Tax Credit Program. We are monitored by both the Federal Government and by the Illinois Housing Authority, to insure that our rents will remain "affordable" by state guidelines for at least 30 years.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	659	From $508 To $760
2 Bedroom (2/1)	905	From $611 To $900

Eligibility for Zion Senior Cottages

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 Zion but actual income limits may differ for units at Zion Senior Cottages.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$38,650	$44,150	$49,650	$55,150
Low Income (60%)	$46,380	$52,980	$59,580	$66,180

Zion Senior Cottages Details

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

Property Amenities

Fitness Center
Community Room
24hr Emergency Maintenance
Resident Lounge
Monthly Planned Activities

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.