About This Property
Brown Shoe Factory Lofts comprises 47 low-income residential units in Litchfield, Illinois. The property offers a mix of 32 two-bedroom and 15 three-bedroom units. This Montgomery County development serves households with affordable housing options.
Property Details
Fair Market Rent - Montgomery 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 | $579 |
| 1 Bedroom | $614 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,074 |
| 4 Bedroom | $1,075 |
Income Limits - Montgomery 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 Litchfield, IL?+
The Fair Market Rent (FMR) for Montgomery County, IL is: $579 (Studio), $614 (1BR), $807 (2BR), $1074 (3BR), $1075 (4BR). Actual rent at subsidized properties like Brown Shoe Factory Lofts is typically 30% of household income or less.
What size apartments are available at Brown Shoe Factory Lofts?+
Brown Shoe Factory Lofts offers the following unit types: 32 Two-Bedroom, 15 Three-Bedroom units, for a total of 47 units.
What are the income limits for affordable housing in Montgomery County, IL?+
For a 4-person household in Montgomery 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.
What is the price range for apartments in Litchfield, IL?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 2-bedroom: $807, 3-bedroom: $1074. Actual rent at Brown Shoe Factory Lofts may be lower for income-eligible households.
How do I apply for housing at Brown Shoe Factory Lofts?+
Brown Shoe Factory Lofts 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 Brown Shoe Factory Lofts?+
Brown Shoe Factory Lofts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Brown Shoe Factory Lofts
Evergreen Place - Litchfield
Litchfield, IL
69 UnitsChestnut Ridge Apts
Litchfield, IL
12 UnitsDoubletree Apts
Litchfield, IL
12 UnitsSweet Gum Apts
Litchfield, IL
12 UnitsDesert Rose Senior Citizens Apts
Litchfield, IL
12 UnitsLitchfield Homes
Litchfield, IL
20 Units