Hickory Trace Apartments is managed by Housing Authority of the City of Olivette.
Hickory Trace is situated on a private, no thoroughfare street, in the midst of a peaceful, park-like setting and yet is easily accessible to major highways and Lambert Airport. Enjoy all the convenience and comfort of the city, with the serenity of a small town. Spacious one and two bedroom apartments, well maintained and conveniently located near shopping centers and bus lines. Ample off street parking and laundry facilities provided for each building.
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 Aurora but actual income limits may differ for units at Hickory Trace Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $35,200 | $40,200 | $45,250 | $50,250 | $54,300 | $58,300 | $62,350 | $66,350 |
Low Income (60%) | $42,240 | $48,240 | $54,300 | $60,300 | $65,160 | $69,960 | $74,820 | $79,620 |
Day | Hours |
---|---|
Monday | 8:30am-5:00pm |
Tuesday | 8:30am-5:00pm |
Wednesday | 8:30am-5:00pm |
Thursday | 8:30am-5:00pm |
Friday | 8:30am-5:00pm |
Saturday | By Appointment |
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.