Affordable Housing In Shabbona
DeKalb County, Illinois

1 Low Income Apartment Communities In Shabbona

Sequoya Apartments

15 S Sequoya St
Shabbona, IL
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Housing Authorities that serve Shabbona

Housing Authority Programs
Housing Authority of the County of DeKalb Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Shabbona, Illinois

There are 1 low income housing apartment communities offering 12 affordable apartments for rent in Shabbona, Illinois. Shabbona features 12 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Shabbona.

Sourced from federal housing data and research.

Shabbona, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 12
Total Housing Units with Rental Assistance 12
Percentage of Housing Units Occupied By Renters 40.11%
Average Renter Household Size 1.93
Average Household Size 2.31
Median Household Income $51,944 ±$8,030
Median Rent $754 ±$48
Percentage Of Renters Overburdened 48.67% ± 13.12pp
Total Population 936

Population and Household Demographics

Shabbona is a City in DeKalb County, Illinois with a population of 936. There are 374 households in the city with an average household size of 2.31 persons. 40.11% of households in Shabbona are renters.

Income and Rent Overburden in Shabbona

The median gross income for households in Shabbona is $51,944 a year, or $4,329 a month. The median rent for the city is $754 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Shabbona, a household making less than $2,513 a month would be considered overburdened when renting an apartment at or above the median rent. 48.67% of households who rent are overburdened in Shabbona.1

Area Median Income In Shabbona

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Shabbona, the AMI is calculated from all households within DeKalb County.

In Shabbona, HUD calculates the Area Median Income for a family of four as $77,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Shabbona

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Shabbona HUD Rental Assistance in Shabbona

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,250 $18,600 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,100 $31,000 $34,850 $38,700 $41,800 $44,900 $48,000 $51,100
80% of Median $43,350 $49,550 $55,750 $61,900 $66,900 $71,850 $76,800 $81,750

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Shabbona

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,100 $31,000 $34,850 $38,700 $41,800 $44,900 $48,000 $51,100
60% of Median $32,520 $37,200 $41,820 $46,440 $50,160 $53,880 $57,600 $61,320

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Shabbona is $41,820 a year, or $3,485 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,485 by 30% to get a maximum rent of $1,046 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $678 $726 $871 $1,006 $1,123 $1,239
60% $813 $872 $1,046 $1,208 $1,347 $1,487
Fair Market Rents in Shabbona

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$683 $769 $996 $1,437 $1,692