Hillcrest Apartments

1916 N Orleans St, Mchenry, IL 60050

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2022 by Stephanie Pica
RentBedsBathsSqFt
Call for Rents1 - 3 Beds1 Bath-
check_circle  Senior (62+)
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.

Hillcrest Apartments is an 88-unit senior living development with all units subsidized through a HUD project-based age-restricted Section 8 contract. The development is located at 1916 N. Orleans St., McHenry, IL 60050. The property was built in 1983 and offers one (1), two (2), and three (3) bedroom units. All units are located within three three-story buildings connected by a breezeway. Common amenities include central laundry, off-street parking, and on-site management.

Dave's Thoughts On Hillcrest Apartments

This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's 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. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Hillcrest Apartments is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Hillcrest Apartments Amenities

  • On-Site Manager
  • Off-Street Parking
  • Laundry Centers

Units at Hillcrest Apartments

Unit (Bd/Ba)Ft2Rent
1 Bedroom (1/1)-Call for Price
2 Bedroom (2/1)-Call for Price
3 Bedroom (3/1)-Call for Price

Income Qualification for Hillcrest Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI*1 person2 people3 people4 people5 people6 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
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 Hillcrest Apartments

Does Hillcrest Apartments have a waiting list?

Hillcrest Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Hillcrest 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 Hillcrest Apartments?

Hillcrest Apartments is managed by Preservation Partners Management Group, Inc.

In addition to Hillcrest Apartments, how many other affordable housing properties (and units) are there in Mchenry?

In addition to Hillcrest Apartments, we list 11 other affordable properties in Mchenry. Learn about these properties here. Our data research shows that there are a total of 357 affordable units in Mchenry.

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

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