About This Property
Midland-Genoa Apts is a 24-unit apartment community in Genoa, Illinois offering low-income housing. The property includes eight one-bedroom units, twelve two-bedroom units, and four three-bedroom units. Built in 1987, the community has been serving residents in DeKalb County for over three decades.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Genoa, 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 Midland-Genoa Apts is typically 30% of household income or less.
What size apartments are available at Midland-Genoa Apts?+
Midland-Genoa Apts offers the following unit types: 8 One-Bedroom, 12 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
Who manages Midland-Genoa Apts?+
Midland-Genoa Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Genoa, IL?+
Based on Fair Market Rent for Dekalb County, the estimated price range is: 1-bedroom: $1014, 2-bedroom: $1327, 3-bedroom: $1870. Actual rent at Midland-Genoa Apts may be lower for income-eligible households.
How do I apply for housing at Midland-Genoa Apts?+
Midland-Genoa 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.
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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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