97 W Phillip Rd, Vernon Hills, IL 60061
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 1 Bed | 1 Bath | - |
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.
The Victory Centre of Vernon Hills is a community featuring 120 supportive living apartments for adults 65 and over and 111 independent living apartments for adults 62 and over.
Residents at the Victory Centre of Vernon Hills are older adults who are excited about life and the path ahead. People are celebrating the phase of life that offers them the freedom to live to the fullest and find a reason to celebrate – every day.
Because Victory Centre of Vernon Hills-FHA participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units and the type of LIHTC program, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bedroom Junior (1/1) | - | Call for Price† |
| One Bedroom Alcove (1/1) | - | Call for Price† |
| One Bedroom Alcove (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $38,650 / year | $44,150 / year | $49,650 / year | $55,150 / year | $59,600 / year | $64,000 / year | $68,400 / year | $72,800 / year |
| 50% AMI for PBRA Units | $38,650 / year | $44,150 / year | $49,650 / year | $55,150 / year | $59,600 / year | $64,000 / year | $68,400 / year | $72,800 / year |
| 60% AMI for LIHTC Units | $46,380 / year | $52,980 / year | $59,580 / year | $66,180 / year | $71,520 / year | $76,800 / year | $82,080 / year | $87,360 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Victory Centre of Vernon Hills-FHA have a waiting list?
Victory Centre of Vernon Hills-FHA 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 Victory Centre of Vernon Hills-FHA?
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 Victory Centre of Vernon Hills-FHA?
Victory Centre of Vernon Hills-FHA is managed by The Pathway to Living headquartered in Chicago, IL.
In addition to Victory Centre of Vernon Hills-FHA, how many other affordable housing properties (and units) are there in Vernon Hills?
In addition to Victory Centre of Vernon Hills-FHA, we list 6 other affordable properties in Vernon Hills. Learn about these properties here. Our data research shows that there are a total of 169 affordable units in Vernon Hills.
When was the Victory Centre of Vernon Hills-FHA listing last updated?
Victory Centre of Vernon Hills-FHA 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.
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