University Village I, II, AND III
722 N Annie Glidden Rd, Dekalb, Illinois 60115
Contact University Village I, II, AND III
University Village I, II, AND III is managed by Evergreen Real Estate Group.
Family apartment community offering one (1), two (2), and three (3) bedroom floorplans. Income restrictions apply.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price |
| 2 Bedroom (2/1) | - | Call for Price |
| 2 Bedroom (2/1.5) | - | Call for Price |
| 3 Bedroom (3/2) | - | Call for Price |
Waiting List is Open Now
The University Village Apartments I & II waiting list is currently open until further notice.
Last updated on October 24th, 2019Eligibility for University Village I, II, AND III
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 Dekalb but actual income limits may differ for units at University Village I, II, AND III.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
|---|---|---|---|---|---|---|
| 30% | $19,350 | $22,100 | $24,860 | $30,000 | $35,140 | $40,280 |
| 50% | $32,200 | $36,800 | $41,400 | $46,000 | $49,700 | $53,400 |
| 80% | $51,550 | $58,900 | $66,250 | $73,600 | $79,500 | $85,400 |
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 Dekalb but actual income limits may differ for units at University Village I, II, AND III.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
|---|---|---|---|---|---|---|
| Very Low Income (50%) | $32,200 | $36,800 | $41,400 | $46,000 | $49,700 | $53,400 |
University Village I, II, AND III Details
- 246 one, two and three bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Family Self-Sufficiency
- Low-Income Housing Tax Credit (LIHTC)
- Section 221 (d) (3)
- Section 236
Property Amenities
- Off-Street Parking
Unit Amenities
- Refrigerator
Section 8 Project-Based Rental Assistance (PBRA)
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Family Self-Sufficiency
The local public housing authority provides services to help families receiving housing through the Housing Choice Voucher program, public housing, or Section 8 Project-Based Rental Assistance achieve economic independence and reduce dependence on welfare assistance and rental subsidies.
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.
Section 236
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.
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