Deer Run Apartments

250 Louis Street, Plano, Illinois 60545

Contact Deer Run Apartments

Deer Run Apartments is an affordable apartment community for elderly, handicapped and disabled residents in Plano, IL offering 1- and 2-bedroom units. The amenities include a community room and patio and are in a quiet neighborhood close to shopping and doctor's offices.

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

Eligibility for Deer Run 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 Plano but actual income limits may differ for units at Deer Run Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$23,500	$26,850	$30,200	$33,550
50%	$39,200	$44,800	$50,400	$55,950
80%	$62,650	$71,600	$80,550	$89,500

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 Plano but actual income limits may differ for units at Deer Run Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$39,200	$44,800	$50,400	$55,950
Low Income (60%)	$47,040	$53,760	$60,480	$67,140

Deer Run Apartments Details

18 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
Off-Street Parking
On-Site Maintenance
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Cable Ready
Window Coverings
Carpet
Refrigerator
Extra Storage
Energy Efficient Appliances
Large Closets

Office Hours

Day	Hours
Monday	8:30am-5:00pm
Wednesday	8:30am-5:00pm
Friday	8:30am-5:00pm

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.

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.