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Low Income (LIHTC)Waitlist Open

Riverwoods Apts

300 E River St, Kankakee, IL, 60901

Information verified May 8, 2026ยทWe re-check waiting list status daily

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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 February 3, 2026
Apply: Phone

Preferences include living, working, or attending school locally, and working/employed households. Priority is given to veterans, the elderly, and people exiting domestic violence. Declining two invitations will purge the application from the waitlist.

Last verified March 16, 2026
Section 8 (HCV) Waitlist
Closed
Opened July 1, 2015
Closed July 3, 2015
Apply: In-person

When last open, preferences included working households who live and/or work in Kankakee County, other Kankakee County households, working households outside Kankakee County, and other households outside Kankakee County. Priority is also given to veterans, the elderly, people exiting domestic violence, the homeless, those with disabilities, and those with income at or below 50% of the local average income. Applicants were added by date and time of submission.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 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

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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.

Who manages Riverwoods Apts?+

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

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.

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.

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.

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.

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.

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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

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