880 Feinberg Court, Cary, IL 60013
Waiting List Forecast: Closed
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | - |
Cary Senior Living Waiting List
The McHenry County Housing Authority (MCHA) last accepted Senior Section 8 Project-Based Voucher waiting list applications for 1-Bedroom apartments at Cary Senior Living since at least February 2021, until August 1, 2022.
To apply while the waiting list was open, applicants were required to complete the online application.
Once the application was completed, it was mailed to McHenry County Housing Authority.
This waiting list had the following preferences:
Selected applicants were placed on the waiting list by date and time the application is received.
For more information, visit the MCHA website.
Sources: This information was verified by the MCHA on January 30, 2024.
Go to the public housing authority page for this waiting list >>
Cary Senior Living
Cary, Illinois
62 or older community
The McHenry County Housing Authority has partnered with the Cary Senior Living apartment complex in Cary, IL to offer a limited number of one-bedroom project-based units.
This is a 62 or older community. All applicants must have income at or below 30% of Area Median Income. The site-based waiting list will contain a preference for persons referred from the Illinois Statewide Referral Network. If a person referred from the Illinois Statewide Referral Network is determined eligible by MCHA, the person will receive a preference for the next available identified project-based voucher unit in Cary Senior Living. Individuals and families who do not claim this preference will be placed on the waiting list in order of the date when their application was received by MCHA.
Because Cary Senior Living 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 Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath (1/1) | - | Call for Price† |
| Two Bedroom One Bath (2/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $38,650 / year | $44,150 / year | $49,650 / year | $55,150 / year |
| 50% AMI for PBRA Units | $38,650 / year | $44,150 / year | $49,650 / year | $55,150 / year |
| 60% AMI for LIHTC Units | $46,380 / year | $52,980 / year | $59,580 / year | $66,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cary Senior Living have a waiting list?
Cary Senior Living has a waiting list. See above for waiting list details.
Are rents subsidized at Cary Senior Living?
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 Cary Senior Living?
Cary Senior Living is managed by Ludwig And Company headquartered in Gurnee, IL.
In addition to Cary Senior Living, how many other affordable housing properties (and units) are there in Cary?
In addition to Cary Senior Living, we list 3 other affordable properties in Cary. Learn about these properties here. Our data research shows that there are a total of 122 affordable units in Cary.
When was the Cary Senior Living listing last updated?
Cary Senior Living listing on Affordable Housing Online was last updated on 03/03/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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