About This Property
D Smith Apts offers 18 low-income units in Mt. Carmel, IL, consisting of nine one-bedroom and nine two-bedroom apartments. The property, which has been in service since 1990, utilizes 4% Low-Income Housing Tax Credit financing. The apartments serve the Wabash County area.
Property Details
Fair Market Rent - Wabash 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 | $1,122 |
| 4 Bedroom | $1,126 |
Income Limits - Wabash County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,850
- Low (80%)
- $39,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,850 | $39,800 |
| 2 Persons | $17,420 | $28,400 | $45,450 |
| 3 Persons | $21,960 | $31,950 | $51,150 |
| 4 Persons | $26,500 | $35,500 | $56,800 |
| 5 Persons | $31,040 | $38,350 | $61,350 |
| 6 Persons | $35,580 | $41,200 | $65,900 |
| 7 Persons | $40,120 | $44,050 | $70,450 |
| 8 Persons | $44,660 | $46,900 | $75,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mount Carmel, IL?+
The Fair Market Rent (FMR) for Wabash County, IL is: $547 (Studio), $614 (1BR), $807 (2BR), $1122 (3BR), $1126 (4BR). Actual rent at subsidized properties like D Smith Apts is typically 30% of household income or less.
What size apartments are available at D Smith Apts?+
D Smith Apts offers the following unit types: 9 One-Bedroom, 9 Two-Bedroom units, for a total of 18 units.
How do I apply for housing at D Smith Apts?+
D Smith 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.
Who manages D Smith Apts?+
D Smith Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Wabash County, IL?+
For a 4-person household in Wabash County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,500, Low Income (80% AMI): $56,800. These limits are set by HUD and updated annually.
What is the price range for apartments in Mount Carmel, IL?+
Based on Fair Market Rent for Wabash County, the estimated price range is: 1-bedroom: $614, 2-bedroom: $807. Actual rent at D Smith Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
