Waterford Apartments - Phase II

2802 Ezekiel Ave, Zion, IL 60099

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
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Waitlist Forecast

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.

Dave's Thoughts On Waterford Apartments - Phase II

Because Waterford Apartments - Phase II participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Waterford Apartments - Phase II

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year $68,400 / year $72,800 / year
50% AMI for PBRA Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year $68,400 / year $72,800 / year
60% AMI for LIHTC Units $46,380 / year $52,980 / year $59,580 / year $66,180 / year $71,520 / year $76,800 / year $82,080 / year $87,360 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Waterford Apartments - Phase II

Does Waterford Apartments - Phase II have a waiting list?

Waterford Apartments - Phase II 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 Waterford Apartments - Phase II?

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.

In addition to Waterford Apartments - Phase II, how many other affordable housing properties (and units) are there in Zion?

In addition to Waterford Apartments - Phase II, we list 9 other affordable properties in Zion. Learn about these properties here. Our data research shows that there are a total of 1047 affordable units in Zion.

Listings Near Waterford Apartments - Phase II

Zion Senior Cottages

1005 Prestwick Dr, Zion, Illinois 60099

Carmel House

2815 Elisha Ave, Zion, Illinois 60099

Horizon Villlage West Zion Highland

4110 Lake Ct, Zion, Illinois 60099

Hebron Townhouses

2706 Hebron Ave, Zion, Illinois 60099

B. J. Gaston Bethesda Village

2400 29th St, Zion, Illinois 60099

Barton Senior Residences of Zion

3500 Emmaus Ave, Zion, Illinois 60099

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.