Oakwood Trace Townhomes LIHTCPB Section 8 Champaign, IL

Profile last updated · Data vintage: HUD LIHTC 2024

Oakwood Trace Townhomes is a Low-Income Housing Tax Credit (LIHTC) community in Champaign, IL with 50 units. Rents are set relative to household income.

50
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address304 E Beardsley Ave, Champaign, IL 61820 Map →
Tax-credit (LI) units50
Placed in service2002

How to apply at Oakwood Trace Townhomes

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 304 E Beardsley Ave, Champaign; 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.

Other subsidized housing in Champaign

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Hamilton on the Park LIHTCUrbana1.1 km
Crystal View Townhomes LIHTCPB Section 8Urbana2 km
Gregory School Apts LIHTCChampaign2 km
Edge of Mall PB Section 8Urbana2.8 km
C-u Independence PB Section 8Urbana2.8 km
Center Apartments §811Urbana3.5 km
Aspen Courts PB Section 8Urbana3.7 km
Prairie Homes Inc PB Section 8Urbana4 km

← All subsidized housing in Champaign

Frequently asked questions

What kind of subsidy does Oakwood Trace Townhomes have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. 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 Oakwood Trace Townhomes?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Oakwood Trace Townhomes?
Contact the management office at 304 E Beardsley Ave in Champaign. 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.