Parkway Estates of Galesburg

1711 W Carl Sandburg Dr, Galesburg, IL 61401

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

Dave's Thoughts On Parkway Estates of Galesburg

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Parkway Estates of Galesburg does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Parkway Estates of Galesburg

*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
50% AMI for LIHTC Units $28,150 / year $32,150 / year $36,150 / year $40,150 / year $43,400 / year $46,600 / year $49,800 / year $53,000 / year
50% AMI for PBRA Units $28,150 / year $32,150 / year $36,150 / year $40,150 / year $43,400 / year $46,600 / year $49,800 / year $53,000 / year
60% AMI for LIHTC Units $33,780 / year $38,580 / year $43,380 / year $48,180 / year $52,080 / year $55,920 / year $59,760 / year $63,600 / year

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

FAQs for Parkway Estates of Galesburg

Does Parkway Estates of Galesburg have a waiting list?

Parkway Estates of Galesburg 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 Parkway Estates of Galesburg?

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.

In addition to Parkway Estates of Galesburg, how many other affordable housing properties (and units) are there in Galesburg?

In addition to Parkway Estates of Galesburg, we list 19 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.

Listings Near Parkway Estates of Galesburg

Whiting Hall Apartments

19 E Tompkins St, Galesburg, Illinois 61401

bed 1-2
payment Subsidized

Hollow Tree Apartments

1351 West Carl Sandburg Drive, Galesburg, Illinois 61401

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

River Oaks Trails

279 Michigan Ave, Galesburg, Illinois 61401

switch_access_shortcut Short Wait
accessibility Accessible

Mary Allen West Towers Apartments

121 W Simmons Street, Galesburg, Illinois 61401

payment Subsidized
accessibility Accessible

Sandburg Village Apartments

666 Home Blvd, Galesburg, Illinois 61401

switch_access_shortcut Short Wait
payment Subsidized

Hollow Tree II

1351 W Carl Sandburg Dr, Galesburg, Illinois 61401

bed 1-3
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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