502 Seminary St, Rockford, IL 61104
Waiting List Forecast: Likely Long or Closed for Public Housing units, and Likely Short or None for other affordable units
Verified for 2023 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property may have HUD-funded Public Housing with subsidies that help pay tenants' rent, the property is likely to have a long waiting list. Housing authorities often open these waiting lists periodically. Important: Housing authorities don't always open housing waiting lists at a property-specific level or even allow applicants to choose at which property they can live. Many times, the housing authority will assign an applicant to a property without giving the applicant a choice.
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.
Jane Addams Park Apartments is a 38 unit supportive housing development serving elderly and disabled residents. The development is located on the grounds of Rockford Female Seminary (now Rockford University) in which Nobel Peace Prize winner Jane Addams was a graduate. The main building anchors the roundabout at College and Seminary bringing stability and complimentary design to the Morgan Street Bridge. This building, which includes community space and 22 residential units, was designed to give the appearance of store fronts and the large windows provide natural light to the gathering spaces within. The interior space includes a large community room with serving kitchen, a computer lab, an exercise room, and the Anderson Library, named after longtime Director and housing advocate, Steve Anderson. This building also has three private offices offering space for social service agencies and other partners providing service to our residents.
The remaining 16 units are located in duplex and four-plex buildings along College Avenue and South 3rd Street. These buildings are designed to look like large Victorian homes in the neighborhood. With attention to detail and high quality construction, the Jane Addams Park Apartments has set the bar for all future developments and has helped restore the neighborhood providing a sense of belonging and pride in the community to the residents who live there.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC programonly provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Jane Addams Park Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. Records show this property may have been recently associated with the Public Housing program, which means it could have a new RAD Section 8 Project-Based Rental Assistance contract. LIHTC properties tend to have shorter waiting lists however, since this property may have a project-based subsidy, the waiting list may be much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, if this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher cannot be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a possibly longer waiting list if this is indeed a RAD property.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,300 / year | $19,800 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year | $44,500 / year | $47,800 / year | $51,100 / year | $54,400 / year |
| 50% AMI for PBRA Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year | $44,500 / year | $47,800 / year | $51,100 / year | $54,400 / year |
| 60% AMI for LIHTC Units | $34,620 / year | $39,600 / year | $44,520 / year | $49,440 / year | $53,400 / year | $57,360 / year | $61,320 / year | $65,280 / year |
| 80% AMI for PBRA Units | $46,150 / year | $52,750 / year | $59,350 / year | $65,900 / year | $71,200 / year | $76,450 / year | $81,750 / year | $87,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Jane Addams Park Apartments have a waiting list?
Jane Addams Park Apartments probably has a waiting list. Since our research has shown there are some public housing units at this property, the waiting list would be for those units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Jane Addams Park Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Jane Addams Park Apartments?
Jane Addams Park Apartments is managed by Gorman & Company, Inc. headquartered in Oregon, Wisconsin.
In addition to Jane Addams Park Apartments, how many other affordable housing properties (and units) are there in Rockford?
In addition to Jane Addams Park Apartments, we list 77 other affordable properties in Rockford. Learn about these properties here. Our data research shows that there are a total of 4431 affordable units in Rockford.
When was the Jane Addams Park Apartments listing last updated?
Jane Addams Park Apartments listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
630 East State Street, Rockford, Illinois 61104
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1055 E State St, Rockford, Illinois 61104
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