About This Property
Parkview Apts comprises 176 low-income units in Savoy, Illinois, with 110 one-bedroom and 66 two-bedroom floor plans. The property has served elderly and disabled residents since being placed in service in 2001. Management inquiries can be directed to the property office.
Property Details
Fair Market Rent - Champaign County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $880 |
| 1 Bedroom | $885 |
| 2 Bedroom | $1,049 |
| 3 Bedroom | $1,372 |
| 4 Bedroom | $1,397 |
Income Limits - Champaign County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $20,750
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $23,350
- Very Low (50%)
- $38,900
- Low (80%)
- $62,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,200
- Low (80%)
- $69,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,700
- Low (80%)
- $74,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,150
- Low (80%)
- $80,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,600
- Low (80%)
- $85,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,050
- Low (80%)
- $91,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,150 | $30,250 | $48,400 |
| 2 Persons | $20,750 | $34,600 | $55,300 |
| 3 Persons | $23,350 | $38,900 | $62,200 |
| 4 Persons | $26,500 | $43,200 | $69,100 |
| 5 Persons | $31,040 | $46,700 | $74,650 |
| 6 Persons | $35,580 | $50,150 | $80,200 |
| 7 Persons | $40,120 | $53,600 | $85,700 |
| 8 Persons | $44,660 | $57,050 | $91,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Savoy, IL?+
The Fair Market Rent (FMR) for Champaign County, IL is: $880 (Studio), $885 (1BR), $1049 (2BR), $1372 (3BR), $1397 (4BR). Actual rent at subsidized properties like Parkview Apts is typically 30% of household income or less.
What size apartments are available at Parkview Apts?+
Parkview Apts offers the following unit types: 110 One-Bedroom, 66 Two-Bedroom units, for a total of 176 units.
Who manages Parkview Apts?+
Parkview Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Parkview Apts?+
Parkview Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Parkview Apts?+
Parkview Apts primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Champaign County, IL?+
For a 4-person household in Champaign County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,200, Low Income (80% AMI): $69,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Savoy, IL?+
Based on Fair Market Rent for Champaign County, the estimated price range is: 1-bedroom: $885, 2-bedroom: $1049. Actual rent at Parkview Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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