Vermillion Gardens
1213 Garden Drive, Danville, Illinois 61832
Family apartment complex offering one (1), two (2), and three (3) bedroom units. Income restrictions apply.
Waiting List is Open Now
The Vermillion Garden Apartments listing is currently open until further notice.
Last updated on October 24th, 2019Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price |
| 2 Bedroom (2/1) | - | Call for Price |
| 3 Bedroom (3/2) | - | Call for Price |
Vermillion Gardens Details
- 240 one, two and three bedroom units.
- Section 8 Project-Based Rental Assistance
- Family Self-Sufficiency
- Low-Income Housing Tax Credit (LIHTC)
Unit Amenities
- Air Conditioning
- Refrigerator
Section 8 Project-Based Rental Assistance
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Family Self-Sufficiency
The local public housing authority provides services to help families receiving housing through the Housing Choice Voucher program, public housing, or Section 8 Project-Based Rental Assistance achieve economic independence and reduce dependence on welfare assistance and rental subsidies.
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.
Danville 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 Danville but actual income limits may differ for units at Vermillion Gardens.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $15,950 | $18,310 | $23,030 | $27,750 | $32,470 | $37,190 | $41,910 | $46,630 |
| 50% | $26,600 | $30,400 | $34,200 | $37,950 | $41,000 | $44,050 | $47,100 | $50,100 |
| 80% | $42,500 | $48,600 | $54,650 | $60,700 | $65,600 | $70,450 | $75,300 | $80,150 |
Vermillion Gardens is managed by Evergreen Real Estate Group.
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