Pontiac Edgefield Apartments

707-709 Illini Drive, Pontiac, Illinois 61764

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Pontiac Edgefield Apartments is managed by TM Associates Management, Inc.

Pontiac I - Edgefield is an affordable apartment community offering 1- and 2-bedroom units. This community is located near restaurants and grocery stores. The community also features an on-site laundry facility and off-street parking.

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

Eligibility for Pontiac Edgefield 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 Pontiac but actual income limits may differ for units at Pontiac Edgefield Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $17,600 $20,100 $24,860 $30,000
50% $29,300 $33,450 $37,650 $41,800
80% $46,850 $53,550 $60,250 $66,900

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 Pontiac but actual income limits may differ for units at Pontiac Edgefield Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $29,300 $33,450 $37,650 $41,800
Low Income (60%) $35,160 $40,140 $45,180 $50,160

Pontiac Edgefield 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

  • Off-Street Parking
  • Laundry Facilities
  • Wheel Chair Accessible

Unit Amenities

  • Ceiling Fan(s)
  • Cable Ready
  • Carpet
  • Refrigerator
  • Extra Storage
  • Balconies or Patios Available
  • Energy Efficient Appliances
  • Large Closets

Nearby Amenities

  • Close to Dining
  • Close to Shopping
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.