
About This Property
Riverwest Homeownership & South Phase I is a public housing development in Peoria, IL that contains 2 units. Both units are accessible. This development is part of an affordable housing initiative in Peoria County.
Waitlist Information
Waitlist managed by Peoria Housing Authority
The general Public Housing waiting list last accepted applications from July 2021 until October 2, 2023. When open, applications could be picked up at the PHA Administrative Office or requested by mail via telephone. Eligibility includes meeting income limits, having a physical address, and the head of household being at least 18 or an emancipated minor. A working preference is given for six months of continuous employment.
The PHA is currently accepting applications for Veterans Affairs Supportive Housing (VASH), Non-Elderly Disabled (NED), Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD), Foster Youth to Independence (FYI), and Mainstream Vouchers. Applications can be picked up at the PHA Administrative Office or requested by mail via telephone (309) 676-8736 ext. 14079. HCV application office hours are Tuesday: 2pm - 4:30pm and Thursday: 9am - 12pm. Local preferences include residency in Peoria County for 12 months, 6 months of continuous employment, documented disability for head of household, and full-time student status. Selection is determined by the date and time received, subject to claimed preferences.
Waitlist data provided by section8waitlist.org
Updated June 1, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Peoria 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 | $683 |
| 1 Bedroom | $756 |
| 2 Bedroom | $965 |
| 3 Bedroom | $1,258 |
| 4 Bedroom | $1,293 |
Income Limits - Peoria County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
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Frequently Asked Questions
What is the average rent for affordable housing in Peoria, IL?+
The Fair Market Rent (FMR) for Peoria County, IL is: $683 (Studio), $756 (1BR), $965 (2BR), $1258 (3BR), $1293 (4BR). Actual rent at subsidized properties like Riverwest Homeownership & South Phase I is typically 30% of household income or less.
How many units does Riverwest Homeownership & South Phase I have?+
Riverwest Homeownership & South Phase I has a total of 2 housing units.
What are the income limits for affordable housing in Peoria County, IL?+
For a 4-person household in Peoria County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
Is there a waitlist for Riverwest Homeownership & South Phase I?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Riverwest Homeownership & South Phase I?+
Riverwest Homeownership & South Phase I is a Public Housing property. To apply, you can start by calling 3096768736, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
What is the HUD inspection score for Riverwest Homeownership & South Phase I?+
Riverwest Homeownership & South Phase I has a HUD inspection score of 49 out of 100, which is considered below average. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Contact Information
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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