651 South Morgan Street, Virginia, IL 62691
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 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 Housing Authority of Cass County is sponsoring the development of 20 new two- and three-bedroom single-family homes in Virginia.
Each home will include a front porch and rear patio, an attached garage and a full
range of in-unit amenities including refrigerators, electric ovens, dishwashers, and individual washers
and dryers. Sixteen of the units will be reserved for households earning less than 60 percent of the Area
Median Income (less than $34,560 for a family of three in Cass County), with the remaining four units
set aside for households earning less than 30 percent of the Area Median Income (less than $17,280 for
a family of three). Six units will be subsidized by rental assistance from Cass County, ensuring residents
pay no more than 30 percent of their income towards rent.
Leasing will begin this summer. For more information, contact the Housing Authority of Cass County at
(217) 323-2303
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 Cass County Homes 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 Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| Three Bedroom One Bath (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,150 / year | $32,150 / year | $36,150 / year | $40,150 / year | $43,400 / year | $46,600 / year |
| 50% AMI for PBRA Units | $28,150 / year | $32,150 / year | $36,150 / year | $40,150 / year | $43,400 / year | $46,600 / year |
| 60% AMI for LIHTC Units | $33,780 / year | $38,580 / year | $43,380 / year | $48,180 / year | $52,080 / year | $55,920 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cass County Homes have a waiting list?
Cass County Homes 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 Cass County Homes?
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 Cass County Homes, how many other affordable housing properties (and units) are there in Cass County?
In addition to Cass County Homes, we list 9 other affordable properties in Cass County. Learn about these properties here. Our data research shows that there are a total of 254 affordable units in Cass County.
When was the Cass County Homes listing last updated?
Cass County Homes listing on Affordable Housing Online was last updated on 03/03/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Only submit truthful information.
Submitting false information can disqualify the household from assistance, and may land the applicant in legal trouble.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"