About This Property
Sweet Gum Apts consists of 12 low-income units in Litchfield, Illinois, comprising six one-bedroom and six two-bedroom apartments. The property has been in service since 1988 and is located in Montgomery County. Interested parties may contact the property management for additional information regarding availability and rental terms.
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 Sweet Gum Apts is typically 30% of household income or less.
What size apartments are available at Sweet Gum Apts?+
Sweet Gum Apts offers the following unit types: 6 One-Bedroom, 6 Two-Bedroom units, for a total of 12 units.
What is the price range for apartments in Litchfield, IL?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 1-bedroom: $614, 2-bedroom: $807. Actual rent at Sweet Gum Apts may be lower for income-eligible households.
How do I apply for housing at Sweet Gum Apts?+
Sweet Gum 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 Sweet Gum Apts?+
Sweet Gum Apts is managed by . You can reach them at . Visit their website for more information.
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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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