About This Property
Meadow Lane Senior Apts comprises 16 low-income units in Warren, IL, featuring 14 one-bedroom and 2 two-bedroom apartments. The property was placed in service in 1992 and operates under 4% LIHTC credit financing. Management contact information is available upon request.
Property Details
Fair Market Rent - Jo Daviess 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 | $680 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,071 |
| 4 Bedroom | $1,075 |
Income Limits - Jo Daviess County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,950
- Very Low (50%)
- $26,600
- Low (80%)
- $42,500
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,400
- Low (80%)
- $48,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,200
- Low (80%)
- $54,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,950
- Low (80%)
- $60,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,000
- Low (80%)
- $65,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,100
- Low (80%)
- $75,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,100
- Low (80%)
- $80,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,950 | $26,600 | $42,500 |
| 2 Persons | $18,200 | $30,400 | $48,600 |
| 3 Persons | $21,960 | $34,200 | $54,650 |
| 4 Persons | $26,500 | $37,950 | $60,700 |
| 5 Persons | $31,040 | $41,000 | $65,600 |
| 6 Persons | $35,580 | $44,050 | $70,450 |
| 7 Persons | $40,120 | $47,100 | $75,300 |
| 8 Persons | $44,660 | $50,100 | $80,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Warren, IL?+
The Fair Market Rent (FMR) for Jo Daviess County, IL is: $596 (Studio), $680 (1BR), $807 (2BR), $1071 (3BR), $1075 (4BR). Actual rent at subsidized properties like Meadow Lane Senior Apts is typically 30% of household income or less.
What size apartments are available at Meadow Lane Senior Apts?+
Meadow Lane Senior Apts offers the following unit types: 14 One-Bedroom, 2 Two-Bedroom units, for a total of 16 units.
How do I apply for housing at Meadow Lane Senior Apts?+
Meadow Lane Senior 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 is the price range for apartments in Warren, IL?+
Based on Fair Market Rent for Jo Daviess County, the estimated price range is: 1-bedroom: $680, 2-bedroom: $807. Actual rent at Meadow Lane Senior Apts may be lower for income-eligible households.
Who manages Meadow Lane Senior Apts?+
Meadow Lane Senior Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Jo Daviess County, IL?+
For a 4-person household in Jo Daviess County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,950, Low Income (80% AMI): $60,700. These limits are set by HUD and updated annually.
Contact Information
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