Senior Residences of Lake In The Hills

2601 Village Hall Dr, Lake in the Hills, IL 60156

Waiting List Forecast: Open Until Further Notice

check_circleVerified for 2022 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents Studio - 2 Beds 1 Bath -

Waitlist Information

Residences of Lake in the Hills 55+ Waiting List

Go to the public housing authority page for this waiting list >>

Senior Residences of Lake In The Hills
Refreshingly Reasonable Senior Apartment Living! Studio, 1 & 2 Bedroom Senior Apartment

Brand new from the ground up, these apartment homes for independent seniors are thoughtfully designed for your comfort and convenience.
Of equal importance, they also provide a great value for your retirement dollar! The leasing director will be happy to tell you more.

Dave's Thoughts On Senior Residences of Lake In The Hills

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 Senior Residences of Lake In The Hills 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

Senior Residences of Lake In The Hills Amenities

  • Elevator
  • Fitness Center
  • Business Center
  • Library
  • Spacious Closets
  • Energy Star Appliances
  • Laundry Facilities
  • Computer Room
  • Heat and Air
  • Wall-to-Wall Carpeting
  • Resident Lounge

Units at Senior Residences of Lake In The Hills

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Income Qualification for Senior Residences of Lake In The Hills

*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
50% AMI for LIHTC Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year
50% AMI for PBRA Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year
60% AMI for LIHTC Units $46,380 / year $52,980 / year $59,580 / year $66,180 / year

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

FAQs for Senior Residences of Lake In The Hills

Does Senior Residences of Lake In The Hills have a waiting list?

Senior Residences of Lake In The Hills has a waiting list. See above for waiting list details.

Are rents subsidized at Senior Residences of Lake In The Hills?

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 Senior Residences of Lake In The Hills?

Senior Residences of Lake In The Hills is managed by Ludwig And Company headquartered in Gurnee, IL.

In addition to Senior Residences of Lake In The Hills, how many other affordable housing properties (and units) are there in McHenry County?

In addition to Senior Residences of Lake In The Hills, we list 24 other affordable properties in McHenry County. Learn about these properties here. Our data research shows that there are a total of 1494 affordable units in McHenry County.

Listings Near Senior Residences of Lake In The Hills

The Villas of Lake in the Hills

500 Autumn Ridge Rd, Lake in the Hills, Illinois 60156

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