Meadows of Luke Ridge

1302 Luke Ln, Rock Falls, IL 61071

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
$545 - 800 per Month 2 - 3 Beds 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

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.

Rock Falls is 45 miles from the Quad Cities. Meadows of Luke Ridge is conveniently located for shopping and schools. The apartments have their own garage and a back patio viewing a lovely meadow. The units also have washer and dryer hookups.

Dave's Thoughts On Meadows of Luke Ridge

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 Meadows of Luke Ridge 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Meadows of Luke Ridge Amenities

  • Playground
  • Garage
  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Cable Ready
  • Patio Deck Or Balcony
  • Water Trash and Sewer Included

Units at Meadows of Luke Ridge

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - $545
3 Bedroom (3/1) - $800

Income Qualification for Meadows of Luke Ridge

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $28,250 / year $32,250 / year $36,300 / year $40,300 / year $43,550 / year $46,750 / year
50% AMI for PBRA Units $28,250 / year $32,250 / year $36,300 / year $40,300 / year $43,550 / year $46,750 / year
60% AMI for LIHTC Units $33,900 / year $38,700 / year $43,560 / year $48,360 / year $52,260 / year $56,100 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Meadows of Luke Ridge

Does Meadows of Luke Ridge have a waiting list?

Meadows of Luke Ridge 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 Meadows of Luke Ridge?

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 Meadows of Luke Ridge?

Meadows of Luke Ridge is managed by Paramark Real Estate Services headquartered in Rochester, Minnesota .

In addition to Meadows of Luke Ridge, how many other affordable housing properties (and units) are there in Rock Falls?

In addition to Meadows of Luke Ridge, we list 7 other affordable properties in Rock Falls. Learn about these properties here. Our data research shows that there are a total of 508 affordable units in Rock Falls.

Listings Near Meadows of Luke Ridge

Civic Plaza II

1113 5th Ave, Rock Falls, Illinois 61071

payment Subsidized

Rock Falls Elderly Living Center

14th Ave, Rock Falls, Illinois 61071

switch_access_shortcut Short Wait
accessibility Accessible

Whispering Wind

1101 W 23rd St, Rock Falls, Illinois 61071

switch_access_shortcut Short Wait
accessibility Accessible

Crowne Hill Estates

1100 W 24th St, Rock Falls, Illinois 61071

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Civic Plaza

1101 5th Ave, Rock Falls, Illinois 61071

payment Subsidized

Cedar Woods Apartments

1301 9th Ave, Rock Falls, Illinois 61071

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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