About This Property
Northland Mt Morris Apts provides 24 low-income units in Mt Morris, IL, with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 1993 and is financed through 9% Low-Income Housing Tax Credits. Six one-bedroom, twelve two-bedroom, and six three-bedroom units are available.
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 Mt Morris, 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 Northland Mt Morris Apts is typically 30% of household income or less.
What size apartments are available at Northland Mt Morris Apts?+
Northland Mt Morris Apts offers the following unit types: 6 One-Bedroom, 12 Two-Bedroom, 6 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Mt Morris, IL?+
Based on Fair Market Rent for Ogle County, the estimated price range is: 1-bedroom: $709, 2-bedroom: $932, 3-bedroom: $1182. Actual rent at Northland Mt Morris Apts may be lower for income-eligible households.
How do I apply for housing at Northland Mt Morris Apts?+
Northland Mt Morris 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.
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 Northland Mt Morris Apts?+
Northland Mt Morris Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
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