Meadows of Luke Ridge

1302 Luke Ln, Rock Falls, Illinois 61071

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Meadows of Luke Ridge is managed by Paramark Real Estate Services.

Rock Falls is 45 miles from the Quad Cities. Meadows of Luke Ridge is conveniently located for shopping and schools. The apartments have their own garage and a back patio viewing a lovely meadow. The units also have washer and dryer hookups.

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - $545
3 Bedroom (3/1) - $800

Eligibility for Meadows of Luke Ridge

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 Rock Falls but actual income limits may differ for units at Meadows of Luke Ridge.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $28,250 $32,250 $36,300 $40,300 $43,550 $46,750
Low Income (60%) $33,900 $38,700 $43,560 $48,360 $52,260 $56,100

Meadows of Luke Ridge Details

  • 24 two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Garage

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Cable Ready
  • Patio Deck Or Balcony
  • Water Trash and Sewer Included

Office Hours

Day Hours
Tuesday 12:00pm-5:00pm
Wednesday 12:00pm-5:00pm
Friday 12:00pm-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.

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