About This Property
Sunley Fund Iv offers one 4-bedroom unit designated for low-income residents in Springfield, IL. The property was placed in service in 1991 and remains in operation in Sangamon County.
Waitlist Information
Waitlist managed by Springfield Housing Authority
Applications are accepted Monday & Tuesday 8:30 am-11:30 am & 1:00 pm-4:00 pm. Local Residency Preference (25 points), Working Family Preference (50 points), Elderly Household Preference (50 points), and Disable Family Preference (50 points) are available.
Applications are only taken for special programs (VASH, FUP, Homeownership, PBV, etc.). Applications for special programs are accepted Tuesdays from 8:30 am-11:30 am & 1:00 pm-4:00 pm. Local Residency Preference (25 points) and Local Employment Preference (30 points) are available.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Sangamon 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 | $725 |
| 1 Bedroom | $873 |
| 2 Bedroom | $1,070 |
| 3 Bedroom | $1,421 |
| 4 Bedroom | $1,459 |
Income Limits - Sangamon County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $29,950
- Low (80%)
- $47,900
- Extremely Low (30%)
- $20,550
- Very Low (50%)
- $34,200
- Low (80%)
- $54,750
- Extremely Low (30%)
- $23,100
- Very Low (50%)
- $38,500
- Low (80%)
- $61,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,750
- Low (80%)
- $68,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,200
- Low (80%)
- $73,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,600
- Low (80%)
- $79,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,050
- Low (80%)
- $84,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,450
- Low (80%)
- $90,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,000 | $29,950 | $47,900 |
| 2 Persons | $20,550 | $34,200 | $54,750 |
| 3 Persons | $23,100 | $38,500 | $61,600 |
| 4 Persons | $26,500 | $42,750 | $68,400 |
| 5 Persons | $31,040 | $46,200 | $73,900 |
| 6 Persons | $35,580 | $49,600 | $79,350 |
| 7 Persons | $40,120 | $53,050 | $84,850 |
| 8 Persons | $44,660 | $56,450 | $90,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Springfield, IL?+
The Fair Market Rent (FMR) for Sangamon County, IL is: $725 (Studio), $873 (1BR), $1070 (2BR), $1421 (3BR), $1459 (4BR). Actual rent at subsidized properties like Sunley Fund Iv is typically 30% of household income or less.
What size apartments are available at Sunley Fund Iv?+
Sunley Fund Iv offers the following unit types: 1 Four-Bedroom units, for a total of 1 units.
Who manages Sunley Fund Iv?+
Sunley Fund Iv is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Sangamon County, IL?+
For a 4-person household in Sangamon County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,750, Low Income (80% AMI): $68,400. These limits are set by HUD and updated annually.
Is there a waitlist for Sunley Fund Iv?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. 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 Sunley Fund Iv?+
Sunley Fund Iv 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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