1005 Four Seasons Rd., Bloomington, IL 61701
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,240 - 1,431 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
This project has been funded and will begin construction soon.
construction starting 2020
https://www.wglt.org/post/affordable-housing-project-planned-bloomington-using-tax-credits#stream/0
https://wikirealty.com/discussion/il/lincoln-lofts-project-promises-56-affordable-apartments-for-bloomington/
Lincoln Lofts features a beautiful, pet friendly community comprised of one, two and three bedroom apartment homes. Each spacious floor plan includes modern amenities you would expect to find in a luxury home, at affordable rental rates: a fully-equipped gourmet kitchen with energy-efficient appliances, exceptional closet space, central air conditioning, and a washer and dryer in every unit. The common space provides comforts of contemporary living which include a fitness center, business center with computer workstations, activity room and outdoor amenities including a playground. Their building is smoke-free & environmentally friendly. Lincoln Lofts is the community you have been waiting for!
Because Lincoln Lofts participates in HUD's HOME program for rental housing, at least some of the units in this property are set aside for households at or below 60% of the AMI and rents are capped at the local FMR and in many cases much lower. For a 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 program. Since this property participates in the HOME program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/2) | 912ft2 | $1,240† |
| Three Bedroom (3/2) | 1132ft2 | $1,431† |
Does Lincoln Lofts have a waiting list?
Lincoln Lofts 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 Lincoln Lofts?
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 Lincoln Lofts?
Lincoln Lofts is managed by Pivotal (formally MVAH Partners) headquartered in West Chester, OH.
In addition to Lincoln Lofts, how many other affordable housing properties (and units) are there in Bloomington?
In addition to Lincoln Lofts, we list 16 other affordable properties in Bloomington. Learn about these properties here. Our data research shows that there are a total of 1839 affordable units in Bloomington.
510 E Washington St, Bloomington, Illinois 61701
901 Valley View Cir, Bloomington, Illinois 61705
If you're a homeless veteran, contact your VA Medical Center.
You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.Takesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."