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Highland Oglesby Apartments

408 Florence St, Oglesby, Illinois 61348

Highland Oglesby Apartments is an affordable apartment community in Oglesby, IL. We are located in a nice and quiet cul-de-sac neighborhood. You may set up an appointment during other times than listed by calling our site manager.

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Highland Oglesby Apartments Details

  • 64 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • Laundry Room
  • 24hr Emergency Maintenance
  • Off-Street Parking

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet

Nearby Amenities

  • Close to Dining

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Oglesby Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Oglesby but actual income limits may differ for units at Highland Oglesby Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,300 $25,500 $28,700 $31,850 $34,400 $36,950 $39,500 $42,050
Low Income (60%) $26,760 $30,600 $34,440 $38,220 $41,280 $44,340 $47,400 $50,460

Highland Oglesby Apartments is managed by Professional Property Management, LLC.

Image of Highland Oglesby Apartments
Image of Highland Oglesby Apartments
Image of Highland Oglesby Apartments
Image of Highland Oglesby Apartments
Image of Highland Oglesby Apartments
Image of Highland Oglesby Apartments