About This Property
Colonial Apts contains 110 one-bedroom units designated for low-income elderly residents in Clare, Illinois. The property has been in service since 2001 and is managed to provide affordable housing options in DeKalb County.
Property Details
Fair Market Rent - DeKalb 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 | $899 |
| 1 Bedroom | $1,014 |
| 2 Bedroom | $1,327 |
| 3 Bedroom | $1,870 |
| 4 Bedroom | $2,252 |
Income Limits - DeKalb County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $21,050
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
- Extremely Low (30%)
- $23,700
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,850
- Low (80%)
- $81,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,350
- Low (80%)
- $86,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,850
- Low (80%)
- $92,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,700 | $49,100 |
| 2 Persons | $21,050 | $35,050 | $56,100 |
| 3 Persons | $23,700 | $39,450 | $63,100 |
| 4 Persons | $26,500 | $43,800 | $70,100 |
| 5 Persons | $31,040 | $47,350 | $75,750 |
| 6 Persons | $35,580 | $50,850 | $81,350 |
| 7 Persons | $40,120 | $54,350 | $86,950 |
| 8 Persons | $44,660 | $57,850 | $92,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Clare, IL?+
The Fair Market Rent (FMR) for DeKalb County, IL is: $899 (Studio), $1014 (1BR), $1327 (2BR), $1870 (3BR), $2252 (4BR). Actual rent at subsidized properties like Colonial Apts is typically 30% of household income or less.
What size apartments are available at Colonial Apts?+
Colonial Apts offers the following unit types: 110 One-Bedroom units, for a total of 110 units.
What are the income limits for affordable housing in DeKalb County, IL?+
For a 4-person household in DeKalb County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,800, Low Income (80% AMI): $70,100. These limits are set by HUD and updated annually.
Who is eligible to live at Colonial Apts?+
Colonial Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Clare, IL?+
Based on Fair Market Rent for DeKalb County, the estimated price range is: 1-bedroom: $1014. Actual rent at Colonial Apts may be lower for income-eligible households.
Who manages Colonial Apts?+
Colonial Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Colonial Apts?+
Colonial Apts 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.
Contact Information
Location
DeKalb County, IL
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