Woodcrest Apartments

1410 Dakota Drive, Ottawa, Illinois 61350

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Woodcrest Apartments is managed by Ross Financial Services, Inc..

Eligibility for Woodcrest 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 Ottawa but actual income limits may differ for units at Woodcrest Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,850 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $49,800
50% $26,400 $30,200 $33,950 $37,700 $40,750 $43,750 $46,750 $49,800
80% $42,250 $48,250 $54,300 $60,300 $65,150 $69,950 $74,800 $79,600

Woodcrest Apartments Details

  • 92 bedroom units.
  • Rental Assistance Payments (RAP)
  • Section 221 (d) (3)
  • Section 236
Rental Assistance Payments (RAP)

Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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