727 Clinton St., Ottawa, IL 61350
Waiting List Forecast: Likely Short or None
Verified for 2019 by Connor Bailey, Lorena Bentley, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
$635 - 780 per Month† | 1 - 2 Beds | 1 Bath | 645 - 898 Sq Ft |
This property is currently under construction.
Construction is expected to be completed in Spring of 2020.
This 56-unit, four-story, new construction building offers affordable independent living to individuals 55 and older. Anthony Place Ottawa features 1- & 2-bedroom floor plans with in-unit laundry, fully equipped kitchens and beautiful views of Ottawa, IL. Their goal is to help create a community where residents feel at home while enjoying countless amenities including indoor parking, on-site fitness center, an arts & crafts room and much more. Conveniently located within minutes of the Reddick Library, Saint Elizabeth Medical Center, Morris Hospital, and local restaurants, Anthony Place Ottawa is a great place to call home!
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 Anthony Place at Ottawa 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
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 645ft2 | $635† |
2 Bedroom (2/1) | 898ft2 | $780† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $26,400 / year | $30,200 / year | $33,950 / year | $37,700 / year |
50% AMI for PBRA Units | $26,400 / year | $30,200 / year | $33,950 / year | $37,700 / year |
60% AMI for LIHTC Units | $31,680 / year | $36,240 / year | $40,740 / year | $45,240 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Anthony Place at Ottawa have a waiting list?
Anthony Place at Ottawa 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 Anthony Place at Ottawa?
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 Anthony Place at Ottawa?
Anthony Place at Ottawa is managed by Pioneer Property Management, INC headquartered in Platteville, WI.
In addition to Anthony Place at Ottawa, how many other affordable housing properties (and units) are there in Ottawa?
In addition to Anthony Place at Ottawa, we list 11 other affordable properties in Ottawa. Learn about these properties here. Our data research shows that there are a total of 665 affordable units in Ottawa.
2811 Champlain St, Ottawa, Illinois 61350
701 W McKinley St, Ottawa, Illinois 61350
2727 Cherie Lane, Ottawa, Illinois 61350
401 Jim Thomas Cir, Ottawa, Illinois 61350
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