About This Property
Village Green Apts is a 132-unit apartment community in Byron, Illinois that provides housing for low-income residents. The property contains 131 low-income units and was placed in service in 2009. All units are configured as studios.
Property Details
Fair Market Rent - Ogle 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 | $674 |
| 1 Bedroom | $709 |
| 2 Bedroom | $932 |
| 3 Bedroom | $1,182 |
| 4 Bedroom | $1,241 |
Income Limits - Ogle County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,950
- Very Low (50%)
- $26,550
- Low (80%)
- $42,500
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,350
- Low (80%)
- $48,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,150
- Low (80%)
- $54,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,900
- Low (80%)
- $60,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,950
- Low (80%)
- $65,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,000
- Low (80%)
- $70,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,000
- Low (80%)
- $75,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,050
- Low (80%)
- $80,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,950 | $26,550 | $42,500 |
| 2 Persons | $18,200 | $30,350 | $48,550 |
| 3 Persons | $21,960 | $34,150 | $54,600 |
| 4 Persons | $26,500 | $37,900 | $60,650 |
| 5 Persons | $31,040 | $40,950 | $65,550 |
| 6 Persons | $35,580 | $44,000 | $70,400 |
| 7 Persons | $40,120 | $47,000 | $75,250 |
| 8 Persons | $44,660 | $50,050 | $80,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Byron, IL?+
The Fair Market Rent (FMR) for Ogle County, IL is: $674 (Studio), $709 (1BR), $932 (2BR), $1182 (3BR), $1241 (4BR). Actual rent at subsidized properties like Village Green Apts (Rockford) is typically 30% of household income or less.
What size apartments are available at Village Green Apts (Rockford)?+
Village Green Apts (Rockford) offers the following unit types: 132 Studio units, for a total of 132 units.
How do I apply for housing at Village Green Apts (Rockford)?+
Village Green Apts (Rockford) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
What are the income limits for affordable housing in Ogle County, IL?+
For a 4-person household in Ogle County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,900, Low Income (80% AMI): $60,650. These limits are set by HUD and updated annually.
Who manages Village Green Apts (Rockford)?+
Village Green Apts (Rockford) is managed by . You can reach them at .
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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