4260 Heritage Ave., Mount Vernon, IL 62864
Waiting List Forecast: Likely Short or None
Verified for 2024 by Company Admin, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Come and see our beautiful 1 and 2 bedroom apartment homes with many features designed specifically for seniors 55+. Our community offers a fitness room, laundry facilities and trash chutes on each floor, a computer center, a multi-purpose room with kitchenette and more. All electric appliances and an individually controlled heating/air conditioning system will help you keep the raising costs of utilities under control. Off street parking and a controlled access entry are a few more of the conveniences you will find in your new home. Make your home here and experience quality at a price you won't believe. Monthly resident activities and professional on-site management will make you glad you chose to call Heritage Landing Apartments in Mt. Vernon home.
Call (618) 242-1728 today!
*Heritage Landing participates in an affordable housing program. Household income & student status limitations apply. Please call for more details.
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 Heritage Landing 55+ Apartments 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,150 / year | $32,150 / year | $36,150 / year | $40,150 / year | $43,400 / year | $46,600 / year | $49,800 / year | $53,000 / year |
| 50% AMI for PBRA Units | $28,150 / year | $32,150 / year | $36,150 / year | $40,150 / year | $43,400 / year | $46,600 / year | $49,800 / year | $53,000 / year |
| 60% AMI for LIHTC Units | $33,780 / year | $38,580 / year | $43,380 / year | $48,180 / year | $52,080 / year | $55,920 / year | $59,760 / year | $63,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Heritage Landing 55+ Apartments have a waiting list?
Heritage Landing 55+ Apartments 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 Heritage Landing 55+ Apartments?
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 Heritage Landing 55+ Apartments?
Heritage Landing 55+ Apartments is managed by Dominium headquartered in Plymouth, MN.
In addition to Heritage Landing 55+ Apartments, how many other affordable housing properties (and units) are there in Mount Vernon?
In addition to Heritage Landing 55+ Apartments, we list 9 other affordable properties in Mount Vernon. Learn about these properties here. Our data research shows that there are a total of 706 affordable units in Mount Vernon.
When was the Heritage Landing 55+ Apartments listing last updated?
Heritage Landing 55+ Apartments listing on Affordable Housing Online was last updated on 02/12/2024 by Company Admin. Remember, a property's status can change so you should contact the property to confirm.
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