About This Property
Mason City Manor Apts offers 12 low-income housing units in Mason City, IL, comprising ten 1-bedroom and two 2-bedroom apartments. The property, which has been in service since 1992, is designed to serve elderly residents and receives 4% Low-Income Housing Tax Credit funding. The apartments are managed to provide affordable housing options for qualifying low-income households.
Property Details
Fair Market Rent - Mason 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 | $553 |
| 1 Bedroom | $647 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,067 |
| 4 Bedroom | $1,245 |
Income Limits - Mason 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 Mason City, IL?+
The Fair Market Rent (FMR) for Mason County, IL is: $553 (Studio), $647 (1BR), $807 (2BR), $1067 (3BR), $1245 (4BR). Actual rent at subsidized properties like Mason City Manor Apts is typically 30% of household income or less.
What size apartments are available at Mason City Manor Apts?+
Mason City Manor Apts offers the following unit types: 10 One-Bedroom, 2 Two-Bedroom units, for a total of 12 units.
Who is eligible to live at Mason City Manor Apts?+
Mason City Manor Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Mason County, IL?+
For a 4-person household in Mason 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 Mason City Manor Apts?+
Mason City Manor Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Mason City, IL?+
Based on Fair Market Rent for Mason County, the estimated price range is: 1-bedroom: $647, 2-bedroom: $807. Actual rent at Mason City Manor Apts may be lower for income-eligible households.
How do I apply for housing at Mason City Manor Apts?+
Mason City Manor 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
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Nearby Schools
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