Concord Commons Apartments is an affordable community located just north of the 80/91 expressway and 30 min from Chicago, Illinois. We have several nearby restaurants south of Ridge Road and are just 20 minutes from Marquette Park Beach! Purdue University Northwest is located less than 15 minutes West and the Gary Chicago Airport is less than 10 minutes to the north.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
The Iron (1/1) | 625 | Call for Price |
The Granite (1/1) | 629 | Call for Price |
The Limestone (2/1) | 750 | Call for Price |
The Marble (2/1) | 825 | Call for Price |
The Ore I (2/1) | 825 | Call for Price |
The Ore III (2/1) | 825 | Call for Price |
The Quartz I (2/1) | 828 | Call for Price |
The Quartz II (2/1) | 864 | Call for Price |
The Quartz III (2/1) | 877 | Call for Price |
The Steel (2/1) | 960 | Call for Price |
The Travertine (2/1.5) | 960 | Call for Price |
The Slate (3/1) | 950 | Call for Price |
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 Gary but actual income limits may differ for units at Concord Commons II.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $18,800 | $21,450 | $24,860 | $30,000 | $35,140 | $40,280 |
50% | $31,300 | $35,750 | $40,200 | $44,650 | $48,250 | $51,800 |
80% | $50,050 | $57,200 | $64,350 | $71,450 | $77,200 | $82,900 |
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 Gary but actual income limits may differ for units at Concord Commons II.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $31,300 | $35,750 | $40,200 | $44,650 | $48,250 | $51,800 |
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.
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.