The LIHTC Group just announced the closing of the Belmont Place Senior apartments in Chicago, IL. Belmont Place Senior is a multi-family community comprised of 110 units with desirable amenities. The community operates under the Section 42 Tax-Credit Program within the “Affordable Housing” sector, serving senior residents who earn no more than 60% of AMI (Area Median Income). The community offers spacious (110) 1-bedroom apartments, community center room, library, and public transportation right outside its doors.

About The LIHTC Group: The LIHTC Group is a national brokerage and consulting firm that works exclusively with multi-family assets in both the Affordable Housing and Market Rate sector. With offices in Illinois, Florida, and California, The LIHTC Group has far-reaching relationships with both local and national groups. These relationships include pension funds, private family offices, national REITS, and nonprofits, as well as small private investors and syndicators of both Affordable and Market Rate assets. The LIHTC Group uses a proven systematic approach to reaching out to the marketplace in order to maximize value on behalf of their clients — both buyers and sellers.