About This Property
New Boston Apts comprises 8 low-income residential units in New Boston, IL, with a mix of one, two, and three-bedroom floor plans. The property, placed in service in 2000, serves families, disabled individuals, and homeless residents. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Mercer 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 | $646 |
| 1 Bedroom | $773 |
| 2 Bedroom | $953 |
| 3 Bedroom | $1,247 |
| 4 Bedroom | $1,437 |
Income Limits - Mercer County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Boston, IL?+
The Fair Market Rent (FMR) for Mercer County, IL is: $646 (Studio), $773 (1BR), $953 (2BR), $1247 (3BR), $1437 (4BR). Actual rent at subsidized properties like New Boston Apts is typically 30% of household income or less.
What size apartments are available at New Boston Apts?+
New Boston Apts offers the following unit types: 2 One-Bedroom, 4 Two-Bedroom, 2 Three-Bedroom units, for a total of 8 units.
What are the income limits for affordable housing in Mercer County, IL?+
For a 4-person household in Mercer County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
Who is eligible to live at New Boston Apts?+
New Boston Apts primarily serves families, persons with disabilities, formerly homeless individuals. 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 New Boston, IL?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 1-bedroom: $773, 2-bedroom: $953, 3-bedroom: $1247. Actual rent at New Boston Apts may be lower for income-eligible households.
How do I apply for housing at New Boston Apts?+
New Boston 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 manages New Boston Apts?+
New Boston Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.