518 West Romeo B Garrett Avenue, Peoria, IL 61605
Waiting List Forecast: Likely Short or None
Verified for 2020 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
At GateWay, residents of most income levels in ages 22-64—including those that utilize financial support—enjoy a lifestyle of quality and personalized service. In addition to rent, residents pay a simple monthly fee for services.
The GateWay community offers 24-hour staff care, three meals per day to social programs that promote wellness and interaction. Everything you need to live life to the fullest is in one place.
Residents feel right at home as the GateWay community has been mindfully designed to feel warm and welcoming. All our apartments and public spaces include barrier-free design details to enhance independence.
This affordable lifestyle community offers easy access to downtown Peoria. Nestled along the Illinois River, residents will enjoy all of the big city amenities with the flavor of small town hospitality.
The 105 Residence community features a 24 hr staff, housekeeping, laundry, and assistance with activities of daily living. Residents enjoy community areas including a spacious dining room, Pub and billiards room, library, fitness center, theater and more. Adult wellness services, activity programming, beautifully appointed common areas are designed to help adults ages 22-64 thrive.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests GateWay at River City does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bedroom One Bath (1/1) | - | Call for Price† |
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year |
| 50% AMI for PBRA Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year |
| 60% AMI for LIHTC Units | $37,980 / year | $43,380 / year | $48,780 / year | $54,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does GateWay at River City have a waiting list?
GateWay at River City probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at GateWay at River City?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges GateWay at River City?
GateWay at River City is managed by Apartmentsmart Generic headquartered in Salisbury, Maryland.
In addition to GateWay at River City, how many other affordable housing properties (and units) are there in Peoria?
In addition to GateWay at River City, we list 50 other affordable properties in Peoria. Learn about these properties here. Our data research shows that there are a total of 4273 affordable units in Peoria.
740 W Joan Ct, Peoria, Illinois 61614
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