Oak Woods LIHTCPB Section 8 Peoria, IL

Profile last updated · Data vintage: HUD FY2025

Oak Woods is a Project-Based Section 8 community in Peoria, IL with 103 units reporting 93% occupancy. Assisted residents pay about $324/month on average.

103
total units
93%
occupancy
$324
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC)
Address740 W Joan Ct, Peoria, IL 61614 Map →
Average household income$13,532/yr
Average personal income$12,612/yr
People per unit1.1
Moved in within last year8%
Households below 30% AMI84%
Households below 50% AMI98%
One-bedroom share100%

How to apply at Oak Woods

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 740 W Joan Ct, Peoria; 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 (~$324/mo average here).

Other subsidized housing in Peoria

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Dorchester Ridge §811Peoria1.4 km
Archer Duplex LIHTCPeoria2.4 km
Nuhill Properties LIHTCPeoria Heights2.5 km
Peer's Properties LIHTCPeoria3.3 km
St. Sharbel §202 SeniorPeoria3.4 km
St. Sharbel Village PB Section 8Peoria3.4 km
Parc Apartments Project §811Peoria3.4 km
Galena Park Terrace Apartments PB Section 8Peoria3.5 km

← All subsidized housing in Peoria

Frequently asked questions

What kind of subsidy does Oak Woods have?
Project-Based Section 8; Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Oak Woods?
Residents report average rents near $324/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 Oak Woods?
Contact the management office at 740 W Joan Ct in Peoria. 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.