About This Property
Patoka Senior Apts comprises 8 low-income units in Patoka, IL, serving elderly residents with a mix of six 1-bedroom and two 2-bedroom apartments. The property has been in service since 1994 and receives 9% Low Income Housing Tax Credit (LIHTC) financing.
Property Details
Fair Market Rent - Marion 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 | $560 |
| 1 Bedroom | $666 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,041 |
| 4 Bedroom | $1,219 |
Income Limits - Marion County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Patoka, IL?+
The Fair Market Rent (FMR) for Marion County, IL is: $560 (Studio), $666 (1BR), $807 (2BR), $1041 (3BR), $1219 (4BR). Actual rent at subsidized properties like Patoka Senior Apts is typically 30% of household income or less.
What size apartments are available at Patoka Senior Apts?+
Patoka Senior Apts offers the following unit types: 6 One-Bedroom, 2 Two-Bedroom units, for a total of 8 units.
What are the income limits for affordable housing in Marion County, IL?+
For a 4-person household in Marion County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
Who manages Patoka Senior Apts?+
Patoka Senior Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Patoka, IL?+
Based on Fair Market Rent for Marion County, the estimated price range is: 1-bedroom: $666, 2-bedroom: $807. Actual rent at Patoka Senior Apts may be lower for income-eligible households.
Who is eligible to live at Patoka Senior Apts?+
Patoka Senior Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Patoka Senior Apts?+
Patoka 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.
Contact Information
Walk Score
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Nearby Schools
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