Homes at Riverside is managed by Fairville Management Company.
Located in the North Riverside neighborhood on Weiser Street, this beautiful, new community includes a total of 46 two and three bedroom townhomes in a 3-story interlocking townhome design featuring brick and siding exteriors. Each home features an individual entrance, spacious living area, dining area, fully equipped kitchen, state of the art geothermal heating and cooling system and most units have individual garage parking. An abundance of interior closet storage space has been carefully designed. The community center houses our on-site management offices, a meeting room, kitchen and a computer lab with internet service. Designed with your family's needs in mind, Homes at Riverside is the ultimate in urban affordable housing.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/2) | - | Call for Price |
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.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.