Balsam Terrace §202 Senior Jacksonville, IL

Profile last updated · Data vintage: HUD FY2025

Balsam Terrace is a Section 202 PRAC (Senior Housing) community in Jacksonville, IL with 35 units reporting 97% occupancy. Assisted residents pay about $420/month on average.

35
total units
97%
occupancy
$420
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Section 202 PRAC (Senior Housing)
Address1215 Lincoln Ave, Jacksonville, IL 62650 Map →
Average household income$17,624/yr
Average personal income$15,861/yr
People per unit1.1
Moved in within last year11%
Households below 30% AMI69%
Households below 50% AMI97%
One-bedroom share100%

How to apply at Balsam Terrace

Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.

  1. Call or visit the management office at 1215 Lincoln Ave, Jacksonville; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget (~$420/mo average here).

Other subsidized housing in Jacksonville

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Laborers Home I & Ii LIHTCPB Section 8South Jacksonville2 km
Jacksonville Affordable Housing,lp PB Section 8South Jacksonville2 km
Laborers Home I & Ii LIHTCPB Section 8South Jacksonville2 km
Jacksonville Affordable Housing,lp PB Section 8South Jacksonville2 km

← All subsidized housing in Jacksonville

Frequently asked questions

What kind of subsidy does Balsam Terrace have?
Section 202 PRAC (Senior Housing). Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
How much is rent at Balsam Terrace?
Residents report average rents near $420/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Balsam Terrace?
Contact the management office at 1215 Lincoln Ave in Jacksonville. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.