500 Autumn Ridge Rd, Lake in the Hills, IL 60156
Waiting List Forecast: Likely Short or None
Verified for 2024 by Ayat Elkarib, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a HOME program 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.
The Villas of Lake in the Hills opened in 2016 with 60 new, affordable housing units. The units – which range from one, two, and three bedrooms – were completed in 2015 after a 10-month construction project. The Villas benefits the diverse needs of its residents, which include working families, seniors, veterans and those with physical disabilities.
Because The Villas of Lake in the Hills participates in HUD's HOME program for rental housing, at least some of the units in this property are set aside for households at or below 60% of the AMI and rents are capped at the local FMR and in many cases much lower. For a project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME program. Since this property participates in the HOME program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Does The Villas of Lake in the Hills have a waiting list?
The Villas of Lake in the Hills 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 The Villas 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.
In addition to The Villas of Lake in the Hills, how many other affordable housing properties (and units) are there in McHenry County?
In addition to The Villas 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.
When was the The Villas of Lake in the Hills listing last updated?
The Villas of Lake in the Hills listing on Affordable Housing Online was last updated on 01/30/2024 by Ayat Elkarib. Remember, a property's status can change so you should contact the property to confirm.
2601 Village Hall Dr, Lake in the Hills, Illinois 60156
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