The Villas of Lake in the Hills is managed by McHenry County Housing Authority.
The Villas of Lake in the Hills opened in 2016 with 60 new, affordable housing units. The units – which range from one, two, and three bedrooms – were completed in 2015 after a 10-month construction project. The Villas benefits the diverse needs of its residents, which include working families, seniors, veterans and those with physical disabilities.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.