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Anderson Court

1565 Fair Oaks Dr, Anderson, California 96007

Anderson Court is an affordable apartment community in Aurora, IL. We feature plenty of unit and property amenities. Please call our site manager for more information.
 

Contact Anderson Court

Message Anderson Court

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Anderson Court Details

  • 36 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Playground
  • Basketball Court
  • Laundry Room
  • Covered Parking
  • Energy Star Appliances

Unit Amenities

  • Cable Ready
  • Spacious Closets
  • Window Coverings
  • Carpet
  • Water Trash and Sewer Included
  • Central Heat & Air

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Anderson HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Anderson but actual income limits may differ for units at Anderson Court.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,700 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% $24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
80% $39,150 $44,750 $50,350 $55,900 $60,400 $64,850 $69,350 $73,800

Anderson Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Anderson but actual income limits may differ for units at Anderson Court.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
Low Income (60%) $29,400 $33,600 $37,800 $41,940 $45,300 $48,660 $52,020 $55,380

Anderson Court is managed by MBS Property Management, Inc..

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