About This Property
Heritage Woods of Benton provides 100 affordable units in Benton, Illinois, with 90 designated as low-income housing. The community serves elderly residents and includes 44 studio apartments, 48 one-bedroom units, and 8 two-bedroom units. The property has been in service since 2004 and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Franklin 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 | $547 |
| 1 Bedroom | $614 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,018 |
| 4 Bedroom | $1,127 |
Income Limits - Franklin County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Benton, IL?+
The Fair Market Rent (FMR) for Franklin County, IL is: $547 (Studio), $614 (1BR), $807 (2BR), $1018 (3BR), $1127 (4BR). Actual rent at subsidized properties like Heritage Woods of Benton is typically 30% of household income or less.
What size apartments are available at Heritage Woods of Benton?+
Heritage Woods of Benton offers the following unit types: 44 Studio, 48 One-Bedroom, 8 Two-Bedroom units, for a total of 100 units.
Who manages Heritage Woods of Benton?+
Heritage Woods of Benton is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Heritage Woods of Benton?+
Heritage Woods of Benton primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Benton, IL?+
Based on Fair Market Rent for Franklin County, the estimated price range is: 1-bedroom: $614, 2-bedroom: $807. Actual rent at Heritage Woods of Benton may be lower for income-eligible households.
What are the income limits for affordable housing in Franklin County, IL?+
For a 4-person household in Franklin County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
How do I apply for housing at Heritage Woods of Benton?+
Heritage Woods of Benton 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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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