Illinois

Tax credit apartments in Champaign, IL

HUD's database lists 9 properties in Champaign built or rehabbed with low-income housing tax credits: 931 apartments, 923 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Bristol Place Residences

121 Tower Street, Champaign, IL 61820

40 2BR, 39 3BR, 5 4BR

Apartments
84
Income-restricted
84
Placed in service
2021

Eden Supportive Living

222 N State St, Champaign, IL 61820

104 studio, 46 1BR

Apartments
150
Income-restricted
142
Placed in service
2014

Gregory School Apts

202 W Columbia Ave, Champaign, IL 61820

4 2BR, 3 3BR

Apartments
7
Income-restricted
7
Placed in service
1992

Oakwood Trace Townhomes

304 E Beardsley Ave, Champaign, IL 61820

35 2BR, 15 3BR

Apartments
50
Income-restricted
50
Placed in service
2002

Parker Glen

2605 2607 Jt Coffman Dr, Champaign, IL 61822

12 1BR, 18 2BR, 32 3BR

Apartments
64
Income-restricted
64
Placed in service
2023

Round Barn Manor

2000 W John St, Champaign, IL 61821

HUD lists it as senior housing · 4 studio, 152 1BR

Apartments
156
Income-restricted
156
Placed in service
2024

Round Barn Manor Preservation

200 W John St, Champaign, IL 61820

156 1BR

Apartments
156
Income-restricted
156
Placed in service
2007

The Haven At Market Place

501 503 505 Interstate Dr, Champaign, IL 61822

HUD lists it as senior housing · 114 1BR, 6 2BR

Apartments
120
Income-restricted
120
Placed in service
2020

Town Center Apts

2413 N Neil St, Champaign, IL 61820

72 2BR, 72 3BR

Apartments
144
Income-restricted
144
Placed in service
2000

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.