Dadrian Meadows Apartments

1230 Preis Ln, Godfrey, IL 62035

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
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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 Dadrian Meadows Apartments

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 Dadrian Meadows Apartments 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.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Dadrian Meadows Apartments

*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 $35,200 / year $40,200 / year $45,250 / year $50,250 / year $54,300 / year $58,300 / year $62,350 / year $66,350 / year
50% AMI for PBRA Units $35,200 / year $40,200 / year $45,250 / year $50,250 / year $54,300 / year $58,300 / year $62,350 / year $66,350 / year
60% AMI for LIHTC Units $42,240 / year $48,240 / year $54,300 / year $60,300 / year $65,160 / year $69,960 / year $74,820 / year $79,620 / year

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

FAQs for Dadrian Meadows Apartments

Does Dadrian Meadows Apartments have a waiting list?

Dadrian Meadows 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 Dadrian Meadows 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.

In addition to Dadrian Meadows Apartments, how many other affordable housing properties (and units) are there in Godfrey?

In addition to Dadrian Meadows Apartments, we list 5 other affordable properties in Godfrey. Learn about these properties here. Our data research shows that there are a total of 242 affordable units in Godfrey.

When was the Dadrian Meadows Apartments listing last updated?

Dadrian Meadows Apartments listing on Affordable Housing Online was last updated on 04/22/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Dadrian Meadows Apartments

Northwood Apartments

323 Big Arch Rd, Godfrey, Illinois 62035

United Methodist Village

Asbury and Mckendree Dr, Godfrey, Illinois 62035

Umv Affordable Housing

4600 McKendree Dr, Godfrey, Illinois 62035

Preis Lane Apartments

1226 Preis Ln, Godfrey, Illinois 62035

Dadrian Meadows Apartments II

1233 Surrey Ct, Godfrey, Illinois 62035

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.