About This Property
Bayview Elderly comprises 74 one-bedroom units in Machesney Park, Illinois, serving low-income elderly residents. The property has been in service since 1996 and is located in Winnebago County.
Property Details
Fair Market Rent - Winnebago 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 | $699 |
| 1 Bedroom | $785 |
| 2 Bedroom | $1,031 |
| 3 Bedroom | $1,380 |
| 4 Bedroom | $1,423 |
Income Limits - Winnebago County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Machesney Park, IL?+
The Fair Market Rent (FMR) for Winnebago County, IL is: $699 (Studio), $785 (1BR), $1031 (2BR), $1380 (3BR), $1423 (4BR). Actual rent at subsidized properties like Bayview Elderly is typically 30% of household income or less.
What size apartments are available at Bayview Elderly?+
Bayview Elderly offers the following unit types: 74 One-Bedroom units, for a total of 74 units.
What is the price range for apartments in Machesney Park, IL?+
Based on Fair Market Rent for Winnebago County, the estimated price range is: 1-bedroom: $785. Actual rent at Bayview Elderly may be lower for income-eligible households.
How do I apply for housing at Bayview Elderly?+
Bayview Elderly 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 Bayview Elderly?+
Bayview Elderly is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Bayview Elderly?+
Bayview Elderly primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Winnebago County, IL?+
For a 4-person household in Winnebago County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
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