About This Property
Steeleville Assoc I offers 16 one-bedroom units in Steeleville, Illinois, designated as low-income housing. The property was placed in service in 1993 and is financed through 4% Low-Income Housing Tax Credits. This development serves elderly residents in Randolph County.
Property Details
Fair Market Rent - Randolph 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 | $547 |
| 1 Bedroom | $614 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,040 |
| 4 Bedroom | $1,285 |
Income Limits - Randolph County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,700
- Very Low (50%)
- $24,500
- Low (80%)
- $39,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,000
- Low (80%)
- $44,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,500
- Low (80%)
- $50,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,550
- Low (80%)
- $64,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,350
- Low (80%)
- $69,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,700 | $24,500 | $39,150 |
| 2 Persons | $17,420 | $28,000 | $44,750 |
| 3 Persons | $21,960 | $31,500 | $50,350 |
| 4 Persons | $26,500 | $34,950 | $55,900 |
| 5 Persons | $31,040 | $37,750 | $60,400 |
| 6 Persons | $35,580 | $40,550 | $64,850 |
| 7 Persons | $40,120 | $43,350 | $69,350 |
| 8 Persons | $44,660 | $46,150 | $73,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Steeleville, IL?+
The Fair Market Rent (FMR) for Randolph County, IL is: $547 (Studio), $614 (1BR), $807 (2BR), $1040 (3BR), $1285 (4BR). Actual rent at subsidized properties like Steeleville Assoc I is typically 30% of household income or less.
What size apartments are available at Steeleville Assoc I?+
Steeleville Assoc I offers the following unit types: 16 One-Bedroom units, for a total of 16 units.
How do I apply for housing at Steeleville Assoc I?+
Steeleville Assoc I 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 Steeleville Assoc I?+
Steeleville Assoc I is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Randolph County, IL?+
For a 4-person household in Randolph County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,950, Low Income (80% AMI): $55,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Steeleville, IL?+
Based on Fair Market Rent for Randolph County, the estimated price range is: 1-bedroom: $614. Actual rent at Steeleville Assoc I may be lower for income-eligible households.
Who is eligible to live at Steeleville Assoc I?+
Steeleville Assoc I primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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