Oak Field Place

1348 Bryan St, Henry, Illinois 61537

Oak Field Place, located at 1348 Bryan St in Henry, has one and two bedroom apartments. Oak Field Place participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 600 $565
2 Bedroom (2/1) 900 $683

Oak Field Place Details

  • 30 one and two bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)
  • Near Elderly (55+)

Unit Amenities

  • Handicapped Accessible

About Oak Field Place

30 new senior apartments in Henry, IL.  Breaking ground spring, 2019.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Image of Oak Field Place