Williamstown Bay - Deforest is managed by Oakbrook Integrated Real Estate Services.
Williamstown Bay Deforest is an independent apartment community for those 55 and better. Offering one and two bedroom units, laundry, storage, and parking/garages. They are conveniently located near shopping and the local senior center. Their beautifully decorated community room offers an adjoining kitchen, dining room, and activities room. Their community space may be reserved by residents for group activities or family gatherings! Outside, a relaxing central courtyard beckons you.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 585 | $740 |
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 Deforest but actual income limits may differ for units at Williamstown Bay - Deforest.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $42,750 | $48,850 | $54,950 | $61,050 | $65,950 | $70,850 | $75,750 | $80,600 |
Low Income (60%) | $51,300 | $58,620 | $65,940 | $73,260 | $79,140 | $85,020 | $90,900 | $96,720 |
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.