1055 E State St, Rockford, IL 61104
Waiting List Forecast: Likely Short or None
Verified for 2021 by Connor Bailey, Lorena Bentley, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
$618 - 683 per Month† | 1 - 2 Beds | 1 Bath | 543 - 829 Sq Ft |
This property is currently under construction.
Longwood Gardens! This beautiful community features one and two bedroom apartment homes designed for residents 55 and over. Each spacious floor plan includes modern amenities you would expect to find in a luxury home, at affordable rental rates: a fully-equipped gourmet kitchen with energy-efficient appliances, ceiling fans, central air conditioning, and an onsite laundry area! The common spaces provide comforts of contemporary living which include a community room with a kitchen/dining area and lounge area where residents can enjoy the companionship of friends and family. There is also an outdoor community area and garden to enjoy the outdoors of Longwood Gardens. Their building is smoke-free & environmentally friendly.
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 Longwood Garden Apartments 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 |
---|---|---|
One Bedroom (1/1) | 543ft2 | $618† |
Two Bedroom (2/1) | 829ft2 | $683† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year |
50% AMI for PBRA Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year |
60% AMI for LIHTC Units | $34,620 / year | $39,600 / year | $44,520 / year | $49,440 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Longwood Garden Apartments have a waiting list?
Longwood Garden 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 Longwood Garden 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.
What property management company manges Longwood Garden Apartments?
Longwood Garden Apartments is managed by Pivotal (formally MVAH Partners) headquartered in West Chester, OH.
In addition to Longwood Garden Apartments, how many other affordable housing properties (and units) are there in Rockford?
In addition to Longwood Garden 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.
630 East State Street, Rockford, Illinois 61104
635 S MULFORD RD, Rockford, Illinois 61108
7055 Forest Glen Dr, Rockford, Illinois 61114
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Wilma Dupree says:
"I love getting all the information that I need in one place on Affordable Housing Online."