About This Property
Parkview Dwellings offers 24 one-bedroom units designated as low-income housing in Paxton, Illinois. The property has served families since its placement in service in 1995 and is financed through 4% Low-Income Housing Tax Credits. All units at this Ford County property are available to income-qualified households.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Paxton, IL?+
The Fair Market Rent (FMR) for Ford County, IL is: $553 (Studio), $614 (1BR), $807 (2BR), $1071 (3BR), $1075 (4BR). Actual rent at subsidized properties like Parkview Dwellings is typically 30% of household income or less.
What size apartments are available at Parkview Dwellings?+
Parkview Dwellings offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What is the price range for apartments in Paxton, IL?+
Based on Fair Market Rent for Ford County, the estimated price range is: 1-bedroom: $614. Actual rent at Parkview Dwellings may be lower for income-eligible households.
Who is eligible to live at Parkview Dwellings?+
Parkview Dwellings primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Parkview Dwellings?+
Parkview Dwellings is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Ford County, IL?+
For a 4-person household in Ford County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,200, Low Income (80% AMI): $69,100. These limits are set by HUD and updated annually.
What is the HUD inspection score for Parkview Dwellings?+
Parkview Dwellings has a HUD inspection score of 88 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
How do I apply for housing at Parkview Dwellings?+
Parkview Dwellings 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
Walk Score
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Nearby Schools
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