Cary Senior Living

880 Feinberg Court, Cary, IL 60013

Waiting List Forecast: Closed

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 - 2 Baths -

Waitlist Information

Cary Senior Living Waiting List

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.

Dave's Thoughts On Cary Senior Living

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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Cary Senior Living Amenities

  • Fitness Center
  • Community Room
  • Library
  • On-Site Manager
  • Game Room
  • Energy Efficient Appliances

Units at Cary Senior Living

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

Income Qualification for Cary Senior Living

*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
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.

FAQs for Cary Senior Living

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 McHenry County?

In addition to Cary Senior Living, we list 24 other affordable properties in McHenry County. Learn about these properties here. Our data research shows that there are a total of 1494 affordable units in McHenry County.

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.

Listings Near Cary Senior Living

Garden Place Apartments

225 North 1st Street, Cary, Illinois 60013

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