Sycamore Meadows is managed by TM Associates Management, Inc.
Sycamore Meadows serves residents 62 and older or handicapped/disabled and offers 1 and 2-bedroom apartments at a convenient location in Sycamore, Illinois. The spacious apartments include energy efficient electric appliances, a patio or balcony, and air conditioning.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
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 Sycamore but actual income limits may differ for units at Sycamore Meadows.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $19,350 | $22,100 | $24,860 | $30,000 |
50% | $32,200 | $36,800 | $41,400 | $46,000 |
80% | $51,550 | $58,900 | $66,250 | $73,600 |
Day | Hours |
---|---|
Tuesday | 9:00am-1:00pm |
Thursday | 9:00am-1:00pm |
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.
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.