1 waitlist is currently open in Gibson City, IL
Apply before waitlists close. Check each listing for details and deadlines.
214 E 7th St, Gibson City, IL, 60936
Fair Market Rent - Ford 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 | $614 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,071 |
| 4 Bedroom | $1,075 |
Income Limits - Ford County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $20,750
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $23,350
- Very Low (50%)
- $38,900
- Low (80%)
- $62,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,200
- Low (80%)
- $69,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,700
- Low (80%)
- $74,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,150
- Low (80%)
- $80,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,600
- Low (80%)
- $85,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,050
- Low (80%)
- $91,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,150 | $30,250 | $48,400 |
| 2 Persons | $20,750 | $34,600 | $55,300 |
| 3 Persons | $23,350 | $38,900 | $62,200 |
| 4 Persons | $26,500 | $43,200 | $69,100 |
| 5 Persons | $31,040 | $46,700 | $74,650 |
| 6 Persons | $35,580 | $50,150 | $80,200 |
| 7 Persons | $40,120 | $53,600 | $85,700 |
| 8 Persons | $44,660 | $57,050 | $91,250 |
Frequently Asked Questions About Housing in Gibson City, IL
How many affordable housing options are in Gibson City, Illinois?+
There are 5 affordable housing properties in Gibson City, Illinois, including 1 public housing, 3 Low-Income Housing Tax Credit (LIHTC), 1 housing authority listings. Browse the full list above to find options that fit your needs.
What is the average rent for affordable housing in Gibson City, Illinois?+
The Fair Market Rent for Ford County, Illinois is: Studio: $553, 1BR: $614, 2BR: $807, 3BR: $1071. Subsidized housing typically charges tenants 30% of their adjusted gross income, which may be significantly less than FMR.
How do I apply for Section 8 housing in Gibson City, Illinois?+
To apply for Section 8 (Housing Choice Voucher) in Gibson City, Illinois, contact your local housing authority. You can browse the housing authority listings on this page to find contact information. Applications are typically accepted when the waitlist is open. Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
What are the income limits for affordable housing in Ford County, Illinois?+
For a 4-person household in Ford County, Illinois, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,200, Low Income (80% AMI): $69,100. Income limits vary by household size and are updated annually by HUD.
Are there open waitlists for affordable housing in Gibson City, Illinois?+
Yes, there are currently 1 housing authority with open waitlists in Gibson City, Illinois. Look for the "Waitlist Open" badge on listings above, or use the waitlist filter to find them quickly. Waitlist availability changes frequently, so apply as soon as possible.
What types of affordable housing are available in Gibson City, Illinois?+
Gibson City, Illinois has the following types of affordable housing: Public Housing (government-owned units with income-based rent); LIHTC properties (privately owned, tax-credit funded affordable apartments); Housing Authorities (administering Section 8 vouchers and public housing). Each program has different eligibility requirements and application processes.
What is the population of Gibson City, Illinois?+
Gibson City, Illinois has an estimated population of 3,340. With 5 affordable housing properties serving the area, there are housing assistance options available for eligible residents.