Ster - Lynn Estates

215 E 25th St, Sterling, IL 61081

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
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.

Dave's Thoughts On Ster - Lynn Estates

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 Ster - Lynn Estates 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

Income Qualification for Ster - Lynn Estates

*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 7 people 8 people
50% AMI for LIHTC Units $28,250 / year $32,250 / year $36,300 / year $40,300 / year $43,550 / year $46,750 / year $50,000 / year $53,200 / year
50% AMI for PBRA Units $28,250 / year $32,250 / year $36,300 / year $40,300 / year $43,550 / year $46,750 / year $50,000 / year $53,200 / year
60% AMI for LIHTC Units $33,900 / year $38,700 / year $43,560 / year $48,360 / year $52,260 / year $56,100 / year $60,000 / year $63,840 / year

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

FAQs for Ster - Lynn Estates

Does Ster - Lynn Estates have a waiting list?

Ster - Lynn Estates 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 Ster - Lynn Estates?

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.

In addition to Ster - Lynn Estates, how many other affordable housing properties (and units) are there in Sterling?

In addition to Ster - Lynn Estates, we list 9 other affordable properties in Sterling. Learn about these properties here. Our data research shows that there are a total of 395 affordable units in Sterling.

Listings Near Ster - Lynn Estates

Sterling Manor Apartments

2403 E 19th St, Sterling, Illinois 61081

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Greencastle of Sterling, Inc

15 E 23rd St, Sterling, Illinois 61081

payment Subsidized
elderly Senior
accessibility Accessible

Lawrence Lofts

101 East 3rd Street, Sterling, Illinois 61081

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

201 5th Ave

201 5th Ave, Sterling, Illinois 61081

bed 1
payment $650/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

810 W 3rd St

810 W 3rd St Unit B, Sterling, Illinois 61081

bed 2
payment $720/mo.

D.D. Development of Sterling (

2105 Freeport Rd, Sterling, Illinois 61081

switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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