1000 S Cottage Ave, Normal, IL 61761
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $355 - 510 per Month† | 1 - 2 Beds | 1 Bath | - |
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.
SCV is a Senior Commmunity focuses on your needs. This 55 years of age or older community offers amenities and features which are unmatched. Check with their staff to see if you are eligible and to complete a pre-application card. They also offer apartments for elderly residents in need of supportive housing. White Oak Villas will have two floor plan layouts: 3 Bedroom 2.5 Baths & 2 Bedroom 2.5 Baths. They will be located in West Normal near intersection of Cottage Ave. & Hovey Ave. This community will be unique, no true comparable community currently exists in the Bloomington/Normal area. It's array of features/amenities will separate this new community from other developments. Features like private driveways, garages, HDTVs, multiple bathrooms and elegant features make this new community unlike anything else!
Because Cottage Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME 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 and LIHTC programs. Since this property participates in the HOME and LIHTC programs, 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) | - | $510† |
| Two Bedroom (2/1) | - | $355† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $38,650 / year | $44,150 / year | $49,650 / year | $55,150 / year |
| 50% AMI for PBRA Units | $38,650 / year | $44,150 / year | $49,650 / year | $55,150 / year |
| 60% AMI for LIHTC Units | $46,380 / year | $52,980 / year | $59,580 / year | $66,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cottage Apartments have a waiting list?
Cottage 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 Cottage 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.
In addition to Cottage Apartments, how many other affordable housing properties (and units) are there in Normal?
In addition to Cottage Apartments, we list 20 other affordable properties in Normal. Learn about these properties here. Our data research shows that there are a total of 1188 affordable units in Normal.
1462 E College Ave, Normal, Illinois 61761
704 Golfcrest Rd N Unit c, Normal, Illinois 61761
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Vickie Fields-Byrd says:
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