About This Property
Sandstone Hills contains 29 three-bedroom units designated for low-income households in Momence, Illinois. The property has been in service since 2010 and is financed through 4% Low-Income Housing Tax Credits. Management services are available through the property contact.
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $15,650
- Very Low (50%)
- $26,100
- Low (80%)
- $41,750
- Extremely Low (30%)
- $17,900
- Very Low (50%)
- $29,800
- Low (80%)
- $47,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,550
- Low (80%)
- $53,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,250
- Low (80%)
- $59,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,250
- Low (80%)
- $64,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,200
- Low (80%)
- $73,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,650 | $26,100 | $41,750 |
| 2 Persons | $17,900 | $29,800 | $47,700 |
| 3 Persons | $21,960 | $33,550 | $53,650 |
| 4 Persons | $26,500 | $37,250 | $59,600 |
| 5 Persons | $31,040 | $40,250 | $64,400 |
| 6 Persons | $35,580 | $43,250 | $69,150 |
| 7 Persons | $40,120 | $46,200 | $73,950 |
| 8 Persons | $44,660 | $49,200 | $78,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Momence, 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 Sandstone Hills is typically 30% of household income or less.
What size apartments are available at Sandstone Hills?+
Sandstone Hills offers the following unit types: 29 Three-Bedroom units, for a total of 29 units.
How do I apply for housing at Sandstone Hills?+
Sandstone Hills 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.
Who manages Sandstone Hills?+
Sandstone Hills is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Momence, IL?+
Based on Fair Market Rent for Kankakee County, the estimated price range is: 3-bedroom: $1569. Actual rent at Sandstone Hills may be lower for income-eligible households.
Contact Information
Location
Kankakee County, IL
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