Lincoln Northside Apartments

2305-2325 Railsplitter, Lincoln, Illinois 62656

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Lincoln Northside Apartments is managed by TM Associates Management, Inc.

Welcome to Lincoln Northside in the heart of Lincoln, IL, proudly offering a selection of affordable 1- and 2-bedroom apartments. All of the apartments feature energy-efficient electric appliances. Nestled in a vibrant community, residences provide not only comfortable living but also easy access to local amenities and attractions. Whether you're looking to explore the charming downtown area, savor local flavors at nearby eateries, or enjoy the rich cultural offerings, Lincoln Northside provides an ideal place to call home.

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

Eligibility for Lincoln Northside Apartments

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 Lincoln but actual income limits may differ for units at Lincoln Northside Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $17,850 $20,400 $24,860 $30,000
50% $29,750 $34,000 $38,250 $42,500
80% $47,600 $54,400 $61,200 $68,000

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 Lincoln but actual income limits may differ for units at Lincoln Northside Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $29,750 $34,000 $38,250 $42,500
Low Income (60%) $35,700 $40,800 $45,900 $51,000

Lincoln Northside Apartments Details

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

Property Amenities

  • On-Site Manager
  • On-Site Maintenance
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator

Office Hours

Day Hours
Monday 8:00am-4:30pm
Tuesday 8:00am-4:30pm
Wednesday 8:00am-4:30pm
Thursday 8:00am-4:30pm
Friday 8:00am-4:30pm
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.

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