The Haven at Market Place in Champaign, IL

  • The Haven at Market Place
  • 501 Interstate Dr, Champaign, IL 61822
  • (217) 378-7100

Features

  • Rent: Call for Rents
  • Baths: 1 Bath
  • Beds: 1 - 2 Beds
  • SqFt: -

Amenities

  • Fitness Center
  • Computer Lab
  • Community Room
  • Bicycle Storage
  • Community Garden
  • Washer and Dryer Included
  • Community Kitchen

Income Qualification

AMI* 1 person 2 person 3 person 4 person
50% AMI for LIHTC Units $33,850 / year $38,700 / year $43,550 / year $48,350 / year
50% AMI for PBRA Units $33,850 / year $38,700 / year $43,550 / year $48,350 / year
60% AMI for LIHTC Units $40,620 / year $46,440 / year $52,260 / year $58,020 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

About

This project consists of 98 age-restricted units in a 3-story building serving individuals age 55 and older.  A second building includes 24 one-story apartments for individuals with special needs. The Haven is a RAD transfer of assistance property and provides Project-Based Vouchers for all units. The project is being financed with Tax-Exempt Private Activity Bonds, Low-Income Housing Tax Credit equity, and private mortgage proceeds.  All units are income-restricted by tax credit requirements.

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