1351 West Carl Sandburg Drive, Galesburg, IL 61401
Waiting List Forecast: Likely Short or None
Verified for 2021 by Rachel Overby, Cynthia McAndrew| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 615 - 1,115 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Experience the most charming apartments in Galesburg, Illinois at Hollow Tree Apartments. Our one, two, and three-bedroom apartment homes offer residents the lifestyle they deserve in a friendly and welcoming neighborhood atmosphere. If you're looking for a pet-friendly community overlooking a beautiful green landscape, with enriching amenities such as a playground and picnic area, there's no better place to call home in Galesburg than Hollow Tree Apartments.
Because Hollow Tree Apartments 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 (1/1) | 615ft2 | Call for Price† |
| Two Bedrooms (2/1) | 860ft2 | Call for Price† |
| Three Bedrooms (3/2) | 1115ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,150 / year | $32,150 / year | $36,150 / year | $40,150 / year | $43,400 / year | $46,600 / year |
| 50% AMI for PBRA Units | $28,150 / year | $32,150 / year | $36,150 / year | $40,150 / year | $43,400 / year | $46,600 / year |
| 60% AMI for LIHTC Units | $33,780 / year | $38,580 / year | $43,380 / year | $48,180 / year | $52,080 / year | $55,920 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Hollow Tree Apartments have a waiting list?
Hollow Tree Apartments 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 Hollow Tree Apartments?
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 Hollow Tree Apartments?
Hollow Tree Apartments is managed by Seldin Company headquartered in Omaha , Nebraska.
In addition to Hollow Tree Apartments, how many other affordable housing properties (and units) are there in Galesburg?
In addition to Hollow Tree Apartments, we list 14 other affordable properties in Galesburg. Learn about these properties here. Our data research shows that there are a total of 1345 affordable units in Galesburg.
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