About This Property
Elms offers 16 low-income residential units in Findlay, IL, with a mix of one-, two-, and three-bedroom floor plans. The property includes seven one-bedroom units, seven two-bedroom units, and two three-bedroom units. The community has been in service since 1989.
Property Details
Fair Market Rent - Shelby 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 | $574 |
| 1 Bedroom | $637 |
| 2 Bedroom | $837 |
| 3 Bedroom | $1,012 |
| 4 Bedroom | $1,189 |
Income Limits - Shelby County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Findlay, IL?+
The Fair Market Rent (FMR) for Shelby County, IL is: $574 (Studio), $637 (1BR), $837 (2BR), $1012 (3BR), $1189 (4BR). Actual rent at subsidized properties like Elms is typically 30% of household income or less.
What size apartments are available at Elms?+
Elms offers the following unit types: 7 One-Bedroom, 7 Two-Bedroom, 2 Three-Bedroom units, for a total of 16 units.
Who manages Elms?+
Elms is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Shelby County, IL?+
For a 4-person household in Shelby County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Findlay, IL?+
Based on Fair Market Rent for Shelby County, the estimated price range is: 1-bedroom: $637, 2-bedroom: $837, 3-bedroom: $1012. Actual rent at Elms may be lower for income-eligible households.
How do I apply for housing at Elms?+
Elms 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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