About This Property
Milledgeville Properties comprises 12 low-income rental units in Milledgeville, Illinois, consisting of ten 1-bedroom and two 2-bedroom apartments. The property has been in service since 1992 and is financed through 4% Low-Income Housing Tax Credits. The development serves households at or below 60% of area median income.
Property Details
Fair Market Rent - Carroll County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $553 |
| 1 Bedroom | $650 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,002 |
| 4 Bedroom | $1,238 |
Income Limits - Carroll County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,550
- Very Low (50%)
- $24,250
- Low (80%)
- $38,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,600
- Low (80%)
- $55,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,400
- Low (80%)
- $59,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,150
- Low (80%)
- $64,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,950
- Low (80%)
- $68,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,700
- Low (80%)
- $73,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,550 | $24,250 | $38,750 |
| 2 Persons | $17,420 | $27,700 | $44,300 |
| 3 Persons | $21,960 | $31,150 | $49,850 |
| 4 Persons | $26,500 | $34,600 | $55,350 |
| 5 Persons | $31,040 | $37,400 | $59,800 |
| 6 Persons | $35,580 | $40,150 | $64,250 |
| 7 Persons | $40,120 | $42,950 | $68,650 |
| 8 Persons | $44,660 | $45,700 | $73,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Milledgeville, IL?+
The Fair Market Rent (FMR) for Carroll County, IL is: $553 (Studio), $650 (1BR), $807 (2BR), $1002 (3BR), $1238 (4BR). Actual rent at subsidized properties like Milledgeville Properties is typically 30% of household income or less.
What size apartments are available at Milledgeville Properties?+
Milledgeville Properties offers the following unit types: 10 One-Bedroom, 2 Two-Bedroom units, for a total of 12 units.
What are the income limits for affordable housing in Carroll County, IL?+
For a 4-person household in Carroll County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,600, Low Income (80% AMI): $55,350. These limits are set by HUD and updated annually.
What is the price range for apartments in Milledgeville, IL?+
Based on Fair Market Rent for Carroll County, the estimated price range is: 1-bedroom: $650, 2-bedroom: $807. Actual rent at Milledgeville Properties may be lower for income-eligible households.
How do I apply for housing at Milledgeville Properties?+
Milledgeville Properties is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Milledgeville Properties?+
Milledgeville Properties is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.