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Meadow Village

601 N State St, Gibson City, Illinois 60936

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Message Meadow Village

Meadow Village Details

  • 24 bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Section 515 Rural Rental Housing

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Gibson City 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 Gibson City but actual income limits may differ for units at Meadow Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,150 $20,750 $23,350 $26,500 $31,040 $35,580 $40,120 $44,660
50% $30,250 $34,600 $38,900 $43,200 $46,700 $50,150 $53,600 $57,050
80% $48,400 $55,300 $62,200 $69,100 $74,650 $80,200 $85,700 $91,250