935 East Jefferson Street, Morton, IL 61550
Waiting List Forecast: Likely Short or None
Verified for 2020 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $355 - 938 per Month† | 1 - 2 Beds | 1 Bath | 584 - 804 Sq Ft |
Since this property is a LIHTC 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.
Morton Estates features brand new one and two bedroom apartment homes designed exclusively for adults 55 and over. Each spacious floor plan includes modern amenities you would expect to find in a luxury home, at affordable rental rates: a fully-equipped gourmet kitchen with energy-efficient appliances, exceptional closet space, central air conditioning, and a laundry room which includes a full-size washer and dryer! The common space provides comforts of contemporary living which include a business center with computer workstations, fitness center and media room. Contact us today to reserve your next place to live!
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 Morton Sr. Residences 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 |
|---|---|---|
| One Bedroom (1/1) | 584ft2 | $355 $788† |
| Two Bedroom (2/1) | 804ft2 | $938† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year |
| 50% AMI for PBRA Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year |
| 60% AMI for LIHTC Units | $37,980 / year | $43,380 / year | $48,780 / year | $54,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Morton Sr. Residences have a waiting list?
Morton Sr. Residences 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 Morton Sr. Residences?
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 Morton Sr. Residences?
Morton Sr. Residences is managed by Pivotal (formally MVAH Partners) headquartered in West Chester, OH.
In addition to Morton Sr. Residences, how many other affordable housing properties (and units) are there in Morton?
In addition to Morton Sr. Residences, we list 2 other affordable properties in Morton. Learn about these properties here. Our data research shows that there are a total of 165 affordable units in Morton.
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Wilma Dupree says:
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