The Terrace Apartments LIHTC Rockford, IL
Profile last updated · Data vintage: HUD LIHTC 2024
The Terrace Apartments is a Low-Income Housing Tax Credit (LIHTC) community in Rockford, IL with 128 units. Rents are set relative to household income.
128
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 2321 Halsted Rd, Rockford, IL 61103 Map → |
| Tax-credit (LI) units | 128 |
| Placed in service | 2022 |
How to apply at The Terrace Apartments
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 2321 Halsted Rd, Rockford; 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 Rockford
- Park Terrace Public Housing
- Concord Commons Apartments PB Section 8
- Faust Landmark Apartments PB Section 8
- Faust Landmark Apts LIHTC
- Luther Center Apartments Llc PB Section 8
- Blackhawk Courts Public Housing
- North Main Manor Public Housing
- Orton Keyes PB Section 8
- Valkomen Plaza PB Section 8
- Valley View Apts LIHTCPB Section 8
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Milestone, Inc Searle PB Section 8 | Rockford | 0.8 km |
| Chatham Court Apts LIHTCPB Section 8 | Rockford | 1.1 km |
| Scattered Sites Acq Public Housing | Rockford | 1.1 km |
| Collier Garden Apartments LIHTCPublic Housing | Rockford | 1.4 km |
| Supported Housing Management Corpor §811 | Rockford | 1.4 km |
| River's Edge Apts LIHTCPB Section 8 | Rockford | 1.7 km |
| Kemper Apts LIHTCPB Section 8 | Rockford | 2 km |
| Milestone, Inc. Apartments & Group PB Section 8 | Rockford | 2.2 km |
← All subsidized housing in Rockford
Frequently asked questions
What kind of subsidy does The Terrace Apartments have?
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 The Terrace Apartments?
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 The Terrace Apartments?
Contact the management office at 2321 Halsted Rd in Rockford. 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.