St. Francis Senior Housing is managed by Geneva Housing Authority.
St. Francis Senior Housing is located near downtown Geneva and the lakefront. This newly renovated historic building has 16 1-bedroom apartments on two floors and a basement level community room.
On-site amenities include a site office staffed part-time, laundry facilities, a Community Room, computers for resident use, a secure entry system, elevator, and ample off-street parking. A basic cable TV package is made available to residents at a discounted price if they choose.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | 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 the Low-Income Housing Tax Credit program in Geneva but actual income limits may differ for units at St. Francis Senior Housing.
AMI Band | 1 Person | 2 Person |
---|---|---|
Very Low Income (50%) | $33,250 | $38,000 |
Low Income (60%) | $39,900 | $45,600 |
Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.
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.