Affordable Housing Hub

Advertisement

Low Income (LIHTC)Waitlist Open

Riverwoods Apts

300 E River St, Kankakee, IL, 60901

Information verified May 29, 2026·We re-check waiting list status daily

Default photo for Riverwoods Apts
Example Photo
Share

About This Property

Riverwoods Apts offers 125 one-bedroom units designed to serve elderly residents in Kankakee, Illinois. The property has been in service since 2008 and provides low-income housing options in Kankakee County. All units are designated as affordable housing.

Waitlist Information

Waitlist managed by Kankakee County Housing Authority

Public Housing Waitlist
Open
Opened March 16, 2026
Apply: Phone

Preferences include living, working, or attending school locally; working/employed; families with children; elderly applicants; and disabled individuals.

Last verified March 16, 2026
Section 8 (HCV) Waitlist
Closed

When last open, preferences included working households who live or work in Kankakee County, other households in Kankakee County, working households outside the county, and other households outside the county. Qualified applicants were added by application submission date and time.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated May 29, 2026

Property Details

Total Units
125
1 Bedroom
125

Fair Market Rent - Kankakee County, IL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$789
1 Bedroom$886
2 Bedroom$1,164
3 Bedroom$1,569
4 Bedroom$1,619

Income Limits - Kankakee County, IL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,650
Very Low (50%)
$26,100
Low (80%)
$41,750
2 Persons
Extremely Low (30%)
$17,900
Very Low (50%)
$29,800
Low (80%)
$47,700
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$33,550
Low (80%)
$53,650
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$37,250
Low (80%)
$59,600
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$40,250
Low (80%)
$64,400
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$43,250
Low (80%)
$69,150
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$46,200
Low (80%)
$73,950
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$49,200
Low (80%)
$78,700

Advertisement

Tax Credit Program Details

Year Placed in Service
2008
LIHTC Credit Type
3
Low-Income Units
125 / 125
Target Population
Elderly

Frequently Asked Questions

What is the average rent for affordable housing in Kankakee, IL?+

The Fair Market Rent (FMR) for Kankakee County, IL is: $789 (Studio), $886 (1BR), $1164 (2BR), $1569 (3BR), $1619 (4BR). Actual rent at subsidized properties like Riverwoods Apts is typically 30% of household income or less.

What size apartments are available at Riverwoods Apts?+

Riverwoods Apts offers the following unit types: 125 One-Bedroom units, for a total of 125 units.

How do I apply for housing at Riverwoods Apts?+

Riverwoods 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 Riverwoods Apts?+

Riverwoods Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Riverwoods Apts?+

Riverwoods Apts is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Kankakee, IL?+

Based on Fair Market Rent for Kankakee County, the estimated price range is: 1-bedroom: $886. Actual rent at Riverwoods Apts may be lower for income-eligible households.

What are the income limits for affordable housing in Kankakee County, IL?+

For a 4-person household in Kankakee County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,250, Low Income (80% AMI): $59,600. These limits are set by HUD and updated annually.

Is there a waitlist for Riverwoods Apts?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Begin Application Now

Walk Score

Very Walkable

80
Walk
50
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Kankakee County, IL

View on Google Maps