Finley Place Apartments

1151 S Finley Rd, Lombard, IL 60148

Waiting List Forecast: Closed

check_circleVerified for 2024 by Connor Bailey, Lorena Bentley, Colleen Carter
Rent Beds Baths SqFt
$1,055 - 1,401 per Month 1 - 3 Beds 1 Bath 678 - 1,023 Sq Ft

Waitlist Information

Finley Supportive Housing, Olympus Place, Trinity-Landings on Villa, Trinity Alton Court and Trinity Turtle Cove Waiting List

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

With several parks and plenty of green spaces, Finley Place is excellently balanced between comfort and convenience in Lombard. Use nearby public transportation or simply walk to any of the numerous dining or shopping options minutes away. Each home at Finley Place has individually controlled air conditioning, a semi-open concept floor plan, and spacious storage. Professional, on-site management and 24 hour emergency maintenance are available to ensure everything you need is taken care of. Finley Place – where you can finally feel at home.

Dave's Thoughts On Finley Place 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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Finley Place Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Finley Place Apartments Amenities

  • On-Site Manager
  • Close to Public Transportation
  • Near Park
  • Laundry Room
  • 24hr Emergency Maintenance
  • Air Conditioning
  • Spacious Closets
  • Refrigerator
  • Linen Closets
  • Near Shopping
  • Stove

Units at Finley Place Apartments

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 678ft2 $1,055
Two Bedroom (2/1) 871ft2 $1,205
Three Bedroom (3/1) 1023ft2 $1,401

Income Qualification for Finley Place 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
30% AMI for PBRA Units $23,200 / year $26,500 / year $29,800 / year $33,100 / year $35,750 / year $40,280 / year
50% AMI for LIHTC Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year
50% AMI for PBRA Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year
60% AMI for LIHTC Units $46,380 / year $52,980 / year $59,580 / year $66,180 / year $71,520 / year $76,800 / year
80% AMI for PBRA Units $61,800 / year $70,600 / year $79,450 / year $88,250 / year $95,350 / year $102,400 / year

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

FAQs for Finley Place Apartments

Does Finley Place Apartments have a waiting list?

Finley Place Apartments has a waiting list. See above for waiting list details.

Are rents subsidized at Finley Place Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Finley Place Apartments?

Finley Place Apartments is managed by The Michaels Organization headquartered in Camden, NJ.

In addition to Finley Place Apartments, how many other affordable housing properties (and units) are there in DuPage County?

In addition to Finley Place Apartments, we list 74 other affordable properties in DuPage County. Learn about these properties here. Our data research shows that there are a total of 8230 affordable units in DuPage County.

When was the Finley Place Apartments listing last updated?

Finley Place Apartments listing on Affordable Housing Online was last updated on 01/10/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Finley Place Apartments

Edwin F Diecke Home

1005 E Division St, Lombard, Illinois 60148

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