Pearl Place Apartments

520 Pearl St, Belvidere, Illinois 61008

Contact Pearl Place Apartments

Pearl Place Apartments are spacious and have all the modern conveniences. The building has controlled access. The community spaces are large and are great for holiday gatherings or just a morning coffee with your neighbor. We are also located next to a senior center and the YMCA. Pearl Place is conveniently located near shopping and is minutes from Rockford, Illinois.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	$320
2 Bedroom (2/1)	-	$775

Eligibility for Pearl Place Apartments

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 Belvidere but actual income limits may differ for units at Pearl Place Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$28,850	$33,000	$37,100	$41,200
Low Income (60%)	$34,620	$39,600	$44,520	$49,440

Pearl Place Apartments Details

54 one and two bedroom units.
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Fitness Center
Community Room
Off-Street Parking
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Garbage Disposal
Cable Ready
Water Trash and Sewer Included

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	8:00am-2:00pm
Tuesday	8:00am-2:00pm
Wednesday	8:00am-2:00pm
Thursday	8:00am-2:00pm

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.