Water's Edge of South Elgin LIHTC South Elgin, IL
Profile last updated · Data vintage: HUD LIHTC 2024
Water's Edge of South Elgin is a Low-Income Housing Tax Credit (LIHTC) community in South Elgin, IL with 50 units. Rents are set relative to household income.
50
total units
—
occupancy
—
avg resident rent
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reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 50 N River St, South Elgin, IL 60177 Map → |
| Tax-credit (LI) units | 48 |
| Placed in service | 2015 |
How to apply at Water's Edge of South Elgin
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 50 N River St, South Elgin; 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 South Elgin
- Marison Mill Suites LIHTC
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Buena Vista Apartments LIHTCPB Section 8 | Elgin | 3.7 km |
| Buena Vista Townhomes LIHTCPB Section 8 | Elgin | 3.7 km |
| Burnham Manor Ml0118 PB Section 8 | Elgin | 3.7 km |
| Buena Vista Townhomes X004 PB Section 8 | Elgin | 3.7 km |
| Buena Vista Townhomes X004 PB Section 8 | Elgin | 3.7 km |
| Central Park Towers PB Section 8 | Elgin | 4.4 km |
| Westwind Tower LIHTCPB Section 8 | Elgin | 4.4 km |
| Buena Vista Tower PB Section 8 | Elgin | 4.4 km |
← All subsidized housing in South Elgin
Frequently asked questions
What kind of subsidy does Water's Edge of South Elgin 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 Water's Edge of South Elgin?
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 Water's Edge of South Elgin?
Contact the management office at 50 N River St in South Elgin. 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.