About This Property
Brookwood Apts offers 24 low-income units in Matherville, IL, with a mix of 12 one-bedroom and 12 two-bedroom apartments. The property was placed in service in 1997 and continues to serve residents in Mercer County.
Property Details
Fair Market Rent - Mercer 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 | $646 |
| 1 Bedroom | $773 |
| 2 Bedroom | $953 |
| 3 Bedroom | $1,247 |
| 4 Bedroom | $1,437 |
Income Limits - Mercer County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Matherville, IL?+
The Fair Market Rent (FMR) for Mercer County, IL is: $646 (Studio), $773 (1BR), $953 (2BR), $1247 (3BR), $1437 (4BR). Actual rent at subsidized properties like Brookwood Apts is typically 30% of household income or less.
What size apartments are available at Brookwood Apts?+
Brookwood Apts offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Mercer County, IL?+
For a 4-person household in Mercer County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
How do I apply for housing at Brookwood Apts?+
Brookwood 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.
Who manages Brookwood Apts?+
Brookwood Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Matherville, IL?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 1-bedroom: $773, 2-bedroom: $953. Actual rent at Brookwood Apts may be lower for income-eligible households.
Contact Information
Location
Mercer County, IL
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