Illinois

Tax credit apartments in Joliet, IL

HUD's database lists 7 properties in Joliet built or rehabbed with low-income housing tax credits: 1,062 apartments, 851 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Briggs-rosalind Homes

6 S Broadway St, Joliet, IL 60436

46 3BR, 20 4BR

Apartments
74
Income-restricted
66
Placed in service
2008

Inwood Towers

247 Caterpillar Dr, Joliet, IL 60436

HUD lists it as senior housing · 134 1BR

Apartments
134
Income-restricted
134
Placed in service
2004

Larkin Village Apts

929 Lois Pl, Joliet, IL 60435

57 studio, 216 1BR, 183 2BR, 20 3BR

Apartments
476
Income-restricted
289
Placed in service
1999

Liberty Meadow Estates Phase II

1407 Uarrow Dr, Joliet, IL

27 2BR, 15 3BR

Apartments
42
Income-restricted
42
Placed in service
2014

Louis Joliet Apts

22 E Clinton St, Joliet, IL 60432

30 1BR, 31 2BR

Apartments
61
Income-restricted
48
Placed in service
2003

Pine Meadows Apts

1850 Asbury Dr, Joliet, IL

21 studio, 117 1BR, 48 2BR, 1 3BR

Apartments
187
Income-restricted
187
Placed in service
1994

Senior Suites Of Joliet

215 N Ottawa St, Joliet, IL 60432

HUD lists it as senior housing · 16 studio, 74 1BR

Apartments
88
Income-restricted
85
Placed in service
2007

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.