2601 Village Hall Dr, Lake in the Hills, IL 60156
Waiting List Forecast: Open Until Further Notice
Verified for 2022 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | - |
Residences of Lake in the Hills 55+ Waiting List
The McHenry County Housing Authority (MCHA) is accepting Near Elderly Section 8 Project-Based Voucher waiting list applications for Studio and 1-Bedroom apartments at Residences of Lake in the Hills since at least February, 2021, until further notice.
Preferences
This waiting list has the following preferences:
Selection Process
It is not known how applicants will be placed on the waiting list.
Application Method
To apply while the waiting list is open, print the application.
Once the application has been completed, it must be mailed to McHenry County Housing Authority, 1108 N. Seminary Avenue, PO Box 1109, Woodstock, IL 60098.
For more information, visit the MCHA website.
Sources: This information was verified by the MCHA on February 24, 2021.
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.
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 Layfield, Founder of Affordable Housing Online
| 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† |
| 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.
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 38 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.
500 Autumn Ridge Rd, Lake in the Hills, Illinois 60156
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