About This Property
Galva A consists of 8 low-income housing units designed to serve families in Galva, Illinois. The property offers a mix of 4 one-bedroom and 4 two-bedroom units and has been in service since 2000. This Henry County property is managed to provide affordable rental housing options.
Property Details
Fair Market Rent - Henry 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 | $646 |
| 1 Bedroom | $773 |
| 2 Bedroom | $953 |
| 3 Bedroom | $1,247 |
| 4 Bedroom | $1,437 |
Income Limits - Henry County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Galva, IL?+
The Fair Market Rent (FMR) for Henry County, IL is: $646 (Studio), $773 (1BR), $953 (2BR), $1247 (3BR), $1437 (4BR). Actual rent at subsidized properties like Galva A is typically 30% of household income or less.
What size apartments are available at Galva A?+
Galva A offers the following unit types: 4 One-Bedroom, 4 Two-Bedroom units, for a total of 8 units.
Who manages Galva A?+
Galva A is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Galva, IL?+
Based on Fair Market Rent for Henry County, the estimated price range is: 1-bedroom: $773, 2-bedroom: $953. Actual rent at Galva A may be lower for income-eligible households.
Who is eligible to live at Galva A?+
Galva A primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Henry County, IL?+
For a 4-person household in Henry County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
How do I apply for housing at Galva A?+
Galva A 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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