Twin Lakes Senior Villas LIHTC Rantoul, IL

Profile last updated · Data vintage: HUD LIHTC 2024

Twin Lakes Senior Villas is a Low-Income Housing Tax Credit (LIHTC) community in Rantoul, IL with 42 units. Rents are set relative to household income.

42
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address405 Twin Lakes Dr, Rantoul, IL 61866 Map →
Tax-credit (LI) units42
Placed in service2013

How to apply at Twin Lakes Senior Villas

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 405 Twin Lakes Dr, Rantoul; 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 Rantoul

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Frequently asked questions

What kind of subsidy does Twin Lakes Senior Villas 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 Twin Lakes Senior Villas?
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 Twin Lakes Senior Villas?
Contact the management office at 405 Twin Lakes Dr in Rantoul. 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.