Sayre Senior Village

400 East Grand Avenue, Lake Villa, Illinois 60046

Sayre Senior Village is located in Sayre, Oklahoma. Nearby towns include Elk City, Hammon, Cordell and Clinton.

This 40-unit complex offers one and two bedroom units for the elderly and/or disabled.  Amenities include washer/dryer hook-ups, central heat & air, carpet, & club house.

Eligibility for Sayre Senior Village

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 Lake Villa but actual income limits may differ for units at Sayre Senior Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $38,650 $44,150 $49,650 $55,150 $59,600 $64,000 $68,400 $72,800
Low Income (60%) $46,380 $52,980 $59,580 $66,180 $71,520 $76,800 $82,080 $87,360

Sayre Senior Village Details

  • 40 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Clubhouse

Unit Amenities

  • Washer and Dryer Hookup
  • Carpet
  • Central Heat & Air

Office Hours

Day Hours
Monday 9:00am-4:00pm
Tuesday 9:00am-4:00pm
Wednesday 9:00am-4:00pm
Thursday 9:00am-4:00pm
Friday 9:00am-4:00pm
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.

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