Village Apartments of Effingham I

103 E Hendelmeyer Ave, Effingham, Illinois 62401

Contact Village Apartments of Effingham I

Effingham Village Apartments are 6 8-plex two story buildings with off street parking, a playground and school bus stop at the entryway of the parking lot

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price

Eligibility for Village Apartments of Effingham I

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 Effingham but actual income limits may differ for units at Village Apartments of Effingham I.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$30,200	$34,500	$38,800	$43,100
Low Income (60%)	$36,240	$41,400	$46,560	$51,720

Village Apartments of Effingham I Details

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

Property Amenities

Playground
Community Room
Garage
Off-Street Parking
Energy Star Appliances
Lawn Care

Unit Amenities

Air Conditioning
Spacious Closets
Refrigerator
Water Trash and Sewer Included
Kitchen Pantry
Bathroom Grab Bars
Stove
Cable & Internet Ready
Mini Blinds & Curtain Rods

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Friday	9:00am-5:00pm
Saturday	By Appointment
Sunday	By Appointment

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 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.