Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Revera Project

512 S Chicago Ave, Kankakee, IL, 60901

Information verified May 8, 2026ยทWe re-check waiting list status daily

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About This Property

The Revera Project contains 44 low-income residential units in Kankakee, Illinois, with a unit mix of seven one-bedroom, twenty-five two-bedroom, and twelve three-bedroom apartments. The property has been in service since 1995 and utilizes 9% Low-Income Housing Tax Credits. Interested parties can contact the property management for additional information.

Waitlist Information

Waitlist managed by Kankakee County Housing Authority

Public Housing Waitlist
Open
Opened February 3, 2026
Apply: Phone

Preferences include living, working, or attending school locally, and working/employed households. Priority is given to veterans, the elderly, and people exiting domestic violence. Declining two invitations will purge the application from the waitlist.

Last verified March 16, 2026
Section 8 (HCV) Waitlist
Closed
Opened July 1, 2015
Closed July 3, 2015
Apply: In-person

When last open, preferences included working households who live and/or work in Kankakee County, other Kankakee County households, working households outside Kankakee County, and other households outside Kankakee County. Priority is also given to veterans, the elderly, people exiting domestic violence, the homeless, those with disabilities, and those with income at or below 50% of the local average income. Applicants were added by date and time of submission.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
44
1 Bedroom
7
2 Bedroom
25
3 Bedroom
12

Fair Market Rent - Kankakee County, IL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$789
1 Bedroom$886
2 Bedroom$1,164
3 Bedroom$1,569
4 Bedroom$1,619

Income Limits - Kankakee County, IL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,650
Very Low (50%)
$26,100
Low (80%)
$41,750
2 Persons
Extremely Low (30%)
$17,900
Very Low (50%)
$29,800
Low (80%)
$47,700
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$33,550
Low (80%)
$53,650
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$37,250
Low (80%)
$59,600
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$40,250
Low (80%)
$64,400
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$43,250
Low (80%)
$69,150
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$46,200
Low (80%)
$73,950
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$49,200
Low (80%)
$78,700

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Tax Credit Program Details

Year Placed in Service
1995
LIHTC Credit Type
9%
Low-Income Units
44 / 44

Frequently Asked Questions

What is the average rent for affordable housing in Kankakee, IL?+

The Fair Market Rent (FMR) for Kankakee County, IL is: $789 (Studio), $886 (1BR), $1164 (2BR), $1569 (3BR), $1619 (4BR). Actual rent at subsidized properties like Revera Project is typically 30% of household income or less.

What size apartments are available at Revera Project?+

Revera Project offers the following unit types: 7 One-Bedroom, 25 Two-Bedroom, 12 Three-Bedroom units, for a total of 44 units.

Who manages Revera Project?+

Revera Project is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Revera Project?+

Revera Project 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.

What is the price range for apartments in Kankakee, IL?+

Based on Fair Market Rent for Kankakee County, the estimated price range is: 1-bedroom: $886, 2-bedroom: $1164, 3-bedroom: $1569. Actual rent at Revera Project may be lower for income-eligible households.

Is there a waitlist for Revera Project?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What are the income limits for affordable housing in Kankakee County, IL?+

For a 4-person household in Kankakee County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,250, Low Income (80% AMI): $59,600. These limits are set by HUD and updated annually.

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Walk Score

Very Walkable

80
Walk
50
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Kankakee County, IL

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