About This Property
Branch Creek Square Apts contains 16 low-income units in Bethany, IL serving families in Moultrie County. The property offers eight one-bedroom and eight two-bedroom units and has been in service since 1994. Financing through 4% Low-Income Housing Tax Credits supports the affordable housing operation.
Property Details
Fair Market Rent - Moultrie 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 | $616 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,137 |
| 4 Bedroom | $1,276 |
Income Limits - Moultrie County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,850
- Low (80%)
- $39,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,850 | $39,800 |
| 2 Persons | $17,420 | $28,400 | $45,450 |
| 3 Persons | $21,960 | $31,950 | $51,150 |
| 4 Persons | $26,500 | $35,500 | $56,800 |
| 5 Persons | $31,040 | $38,350 | $61,350 |
| 6 Persons | $35,580 | $41,200 | $65,900 |
| 7 Persons | $40,120 | $44,050 | $70,450 |
| 8 Persons | $44,660 | $46,900 | $75,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bethany, IL?+
The Fair Market Rent (FMR) for Moultrie County, IL is: $553 (Studio), $616 (1BR), $807 (2BR), $1137 (3BR), $1276 (4BR). Actual rent at subsidized properties like Branch Creek Square Apts is typically 30% of household income or less.
What size apartments are available at Branch Creek Square Apts?+
Branch Creek Square Apts offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom units, for a total of 16 units.
What is the price range for apartments in Bethany, IL?+
Based on Fair Market Rent for Moultrie County, the estimated price range is: 1-bedroom: $616, 2-bedroom: $807. Actual rent at Branch Creek Square Apts may be lower for income-eligible households.
Who manages Branch Creek Square Apts?+
Branch Creek Square Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Moultrie County, IL?+
For a 4-person household in Moultrie County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,500, Low Income (80% AMI): $56,800. These limits are set by HUD and updated annually.
How do I apply for housing at Branch Creek Square Apts?+
Branch Creek Square 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 is eligible to live at Branch Creek Square Apts?+
Branch Creek Square Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
