Beardstown Apartments

412 Beard Street, Beardstown, Illinois 62621

Contact Beardstown Apartments

Beardstown Apartments is a friendly community that offers something for everyone to live an active and social life, including on-site laundry, and more. Each of our 1, and 2-bedroom apartments feature energy efficient appliances. We are conveniently located 3 minutes from Save-A-Lot, 88 Bar and Grill, La Familia Bakery, and Art Creek Park, and 6 minutes from Beardstown Junior/Senior High and Guard Elementary School.

Rental assistance may be available. Housing vouchers accepted. Call to learn more about how you can call Beardstown Apartments home.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	528	Call for Price
Two Bedroom (2/1)	708	Call for Price

Eligibility for Beardstown Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Beardstown but actual income limits may differ for units at Beardstown Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$16,900	$19,720	$24,860	$30,000
50%	$28,150	$32,150	$36,150	$40,150
80%	$45,000	$51,400	$57,850	$64,250

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Beardstown but actual income limits may differ for units at Beardstown Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$28,150	$32,150	$36,150	$40,150
Low Income (60%)	$33,780	$38,580	$43,380	$48,180

Beardstown Apartments Details

12 one and two bedroom units.
Garden
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

On-Site Manager
Grilling Area
Online Payments Accepted
Laundry Facilities

Unit Amenities

Air Conditioning
Refrigerator
Oven and Range

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.