About This Property
Capitol Pointe Apts offers 42 low-income units in Vandalia, Illinois, comprising 32 two-bedroom and 10 three-bedroom apartments that serve families. The property, which has been in service since 2003, is financed through 4% Low-Income Housing Tax Credits. Interested parties can contact the property for additional information about availability and application procedures.
Property Details
Fair Market Rent - Fayette 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 | $596 |
| 1 Bedroom | $708 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,031 |
| 4 Bedroom | $1,075 |
Income Limits - Fayette County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Vandalia, IL?+
The Fair Market Rent (FMR) for Fayette County, IL is: $596 (Studio), $708 (1BR), $807 (2BR), $1031 (3BR), $1075 (4BR). Actual rent at subsidized properties like Capitol Pointe Apts is typically 30% of household income or less.
What size apartments are available at Capitol Pointe Apts?+
Capitol Pointe Apts offers the following unit types: 32 Two-Bedroom, 10 Three-Bedroom units, for a total of 42 units.
What are the income limits for affordable housing in Fayette County, IL?+
For a 4-person household in Fayette County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Vandalia, IL?+
Based on Fair Market Rent for Fayette County, the estimated price range is: 2-bedroom: $807, 3-bedroom: $1031. Actual rent at Capitol Pointe Apts may be lower for income-eligible households.
How do I apply for housing at Capitol Pointe Apts?+
Capitol Pointe 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.
Who is eligible to live at Capitol Pointe Apts?+
Capitol Pointe Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Capitol Pointe Apts?+
Capitol Pointe Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.