Rainbow Apts LIHTCPB Section 8 Urbana, IL
Profile last updated · Data vintage: HUD LIHTC 2024
Rainbow Apts is a Low-Income Housing Tax Credit (LIHTC) community in Urbana, IL with 72 units. Rents are set relative to household income.
72
total units
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occupancy
—
avg resident rent
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reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8 |
|---|---|
| Address | 1004 S Smith Rd, Urbana, IL 61802 Map → |
| Tax-credit (LI) units | 72 |
| Placed in service | 1995 |
How to apply at Rainbow Apts
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.
- Call or visit the management office at 1004 S Smith Rd, Urbana; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Other subsidized housing in Urbana
- Florida House LIHTCPB Section 8
- Florida House Ml0130 PB Section 8
- Sunnycrest Man0r PB Section 8
- Sunnycrest Manor LIHTCPB Section 8
- Crystal View Townhomes LIHTCPB Section 8
- Prairie Green Apts Phase I LIHTCPB Section 8
- Edge of Mall PB Section 8
- Aspen Courts PB Section 8
- Prairie Green Apts Phase Iii LIHTCPB Section 8
- Hamilton on the Park LIHTC
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Il06rdd1224 - 811-11011 Aspen Court §811 PRA | Urbana | 0.8 km |
| Prairie Green Apts Phase Ii LIHTCPB Section 8 | Urbana | 1.4 km |
| Prairie Homes Inc PB Section 8 | Urbana | 1.4 km |
| Center Apartments §811 | Urbana | 2.4 km |
| C-u Independence PB Section 8 | Urbana | 2.8 km |
| Round Barn Manor Preservation LIHTCPB Section 8 | Champaign | 5.2 km |
| Douglas Square Apts LIHTCPB Section 8 | Champaign | 5.4 km |
| Oakwood Trace Townhomes LIHTCPB Section 8 | Champaign | 5.4 km |
← All subsidized housing in Urbana
Frequently asked questions
What kind of subsidy does Rainbow Apts 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 Rainbow Apts?
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 Rainbow Apts?
Contact the management office at 1004 S Smith Rd in Urbana. 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.