Wabash Crossing

1050 N Martin Luther King Jr Dr, Decatur, IL 62521

Waiting List Forecast: Closed

check_circleVerified for 2020 by Ric Gresia, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Mixed-income

Waitlist Information

5-Bedroom Family Waiting List

Go to the public housing authority page for this waiting list >>

Wabash Crossing is a mixed finance project which includes a combination of Public Housing units, Low Income Tax Credit units, Housing Choice Voucher units, and Market Rate Units. Three phases have been completed. You can apply for the Public Housing units through the Decatur Housing Authority Public Housing waiting list as described below. Contact the property management company by clicking the button below for more information on affordable tax credit units, housing choice voucher units, and market rate units.

Dave's Thoughts On Wabash Crossing

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC programonly provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Wabash Crossing has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. Records show this property may have been recently associated with the Public Housing program, which means it could have a new RAD Section 8 Project-Based Rental Assistance contract. LIHTC properties tend to have shorter waiting lists however, since this property may have a project-based subsidy, the waiting list may be much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, if this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher cannot be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a possibly longer waiting list if this is indeed a RAD property.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Wabash Crossing

*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 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $17,100 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $28,500 / year $32,550 / year $36,600 / year $40,650 / year $43,950 / year $47,200 / year $50,450 / year $53,700 / year
50% AMI for PBRA Units $28,500 / year $32,550 / year $36,600 / year $40,650 / year $43,950 / year $47,200 / year $50,450 / year $53,700 / year
60% AMI for LIHTC Units $34,200 / year $39,060 / year $43,920 / year $48,780 / year $52,740 / year $56,640 / year $60,540 / year $64,440 / year
80% AMI for PBRA Units $45,550 / year $52,050 / year $58,550 / year $65,050 / year $70,300 / year $75,500 / year $80,700 / year $85,900 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Wabash Crossing

Does Wabash Crossing have a waiting list?

Wabash Crossing has a waiting list. See above for waiting list details.

Are rents subsidized at Wabash Crossing?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Wabash Crossing, how many other affordable housing properties (and units) are there in Decatur?

In addition to Wabash Crossing, we list 39 other affordable properties in Decatur. Learn about these properties here. Our data research shows that there are a total of 2212 affordable units in Decatur.

Listings Near Wabash Crossing

The Woods

3010 E Mound Rd, Decatur, Illinois 62526

bed 1
payment $557/mo.
payment Subsidized

Southern Hills

3077 Southern Hills Dr, Decatur, Illinois 62526

bed 1-3
payment Subsidized
accessibility Accessible

Carriage House Decatur

3757 N Portage Place, Decatur, Illinois 62526

bed 1-3
payment Subsidized

Heritage Grove

365 E Waggoner St, Decatur, Illinois 62521

bed 1
payment Subsidized
accessible_forward Disability

Willow Heights

1460 E Wellington Way, Decatur, Illinois 62526

bed 1
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Oakwood Estates of Decatur

1454 W Mound Rd, Decatur, Illinois 62526

bed 1-3
payment $579-786/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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