About This Property
Senior Plaza Apts II offers 17 low-income units in Highland, IL, including fifteen 1-bedroom and two 2-bedroom apartments. The property has been in service since 1993 and is financed through 4% Low-Income Housing Tax Credits. Prospective residents should contact the property management for application and availability information.
Property Details
Fair Market Rent - Madison 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 | $928 |
| 1 Bedroom | $972 |
| 2 Bedroom | $1,209 |
| 3 Bedroom | $1,565 |
| 4 Bedroom | $1,818 |
Income Limits - Madison County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,850
- Very Low (50%)
- $29,750
- Low (80%)
- $47,550
- Extremely Low (30%)
- $20,400
- Very Low (50%)
- $34,000
- Low (80%)
- $54,350
- Extremely Low (30%)
- $22,950
- Very Low (50%)
- $38,250
- Low (80%)
- $61,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,450
- Low (80%)
- $67,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,250
- Low (80%)
- $78,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,650
- Low (80%)
- $84,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,050
- Low (80%)
- $89,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,850 | $29,750 | $47,550 |
| 2 Persons | $20,400 | $34,000 | $54,350 |
| 3 Persons | $22,950 | $38,250 | $61,150 |
| 4 Persons | $26,500 | $42,450 | $67,900 |
| 5 Persons | $31,040 | $45,850 | $73,350 |
| 6 Persons | $35,580 | $49,250 | $78,800 |
| 7 Persons | $40,120 | $52,650 | $84,200 |
| 8 Persons | $44,660 | $56,050 | $89,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Highland, IL?+
The Fair Market Rent (FMR) for Madison County, IL is: $928 (Studio), $972 (1BR), $1209 (2BR), $1565 (3BR), $1818 (4BR). Actual rent at subsidized properties like Senior Plaza Apts Ii is typically 30% of household income or less.
What size apartments are available at Senior Plaza Apts Ii?+
Senior Plaza Apts Ii offers the following unit types: 15 One-Bedroom, 2 Two-Bedroom units, for a total of 17 units.
What are the income limits for affordable housing in Madison County, IL?+
For a 4-person household in Madison County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,450, Low Income (80% AMI): $67,900. These limits are set by HUD and updated annually.
Who manages Senior Plaza Apts Ii?+
Senior Plaza Apts Ii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Highland, IL?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $972, 2-bedroom: $1209. Actual rent at Senior Plaza Apts Ii may be lower for income-eligible households.
How do I apply for housing at Senior Plaza Apts Ii?+
Senior Plaza Apts Ii 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
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Nearby Schools
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