River Station Senior is managed by Mercy Housing.
River Station Senior Residences is a brand-new community for low-to-moderate income seniors age 55 and up in Kankakee, Illinois. The building, developed in partnership with the City of Kankakee as well as Kankakee County, is a cornerstone of neighborhood stabilization and revitalization efforts in Kankakee’s West Downtown District. The Energy Star Certified building adjoins a planned greenway along the Kankakee River, which will provide opportunities for active recreation, and is within walking distance of a grocery store, commercial businesses, and religious institutions.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom One Bath (1/1) | - | Call for Price |
Day | Hours |
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Monday | 8:30am-5:30pm |
Tuesday | 8:30am-5:30pm |
Wednesday | 8:30am-5:30pm |
Thursday | 8:30am-5:30pm |
Friday | 8:30am-5:30pm |
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.