Colchester Apts. Woda Mgmt & Re LLC — Income-Restricted Housing in Colchester, IL 62326
592 N Coal St, Colchester, IL 62326
16 units · 1–2 BR
- 2 vacant units reported (Oct 2026) — call to confirm
How to apply
- Managed by TM Associates Management, Inc. USDA does not publish a phone number for this property.
- Find contact info on USDA's Multifamily Housing programs page.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 1979
- Income limit
- 60% AMI
- Bedrooms
- 8 1 bedroom · 8 2 bedrooms
- USDA rental assistance
- 12 units (tenant pays about 30% of income)
- Managed by
- TM Associates Management, Inc
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Nearby income-restricted buildings
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Eisenhower Tower
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- Apply through Housing Authority of the County of McDonough
- Residents waited about 11 months to move in (HUD, Oct 2026)
Lafayette Square Apartments
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6.7 mi away
101 units · 100 income-restricted · 1 BR
River Run
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7 mi away
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- Affordability period may have ended — call to confirm
Prairieview
401A N Prairie Ave, Macomb, IL 61455
7.8 mi away
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- Apply through Housing Authority of the County of McDonough
- Residents waited about 35 months to move in (HUD, Oct 2026)
Rents and income limits in 62326
- Fair market rent, 2 bedrooms
- $960/mo
- Income needed to pay it at 30% of income
- $38,400/yr
- Renters in 62326 paying 30% or more of income on rent
- 41%
Income limits (2026)
McDonough County, IL area · median family income $84,900. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $18,850 | $31,400 | $50,250 |
| 2 | $21,640 | $35,900 | $57,400 |
| 3 | $27,320 | $40,400 | $64,600 |
| 4 | $33,000 | $44,850 | $71,750 |
| 5 | $38,680 | $48,450 | $77,500 |
| 6 | $44,360 | $52,050 | $83,250 |
| 7 | $50,040 | $55,650 | $89,000 |
| 8 | $55,720 | $59,250 | $94,750 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 62326 | Wider area |
|---|---|---|
| Studio | $670 | $648 |
| 1 bedroom | $740 | $714 |
| 2 bedrooms | $960 | $930 |
| 3 bedrooms | $1,220 | $1,186 |
| 4 bedrooms | $1,600 | $1,554 |
Wider area = McDonough County, IL. Two-bedroom fair market rents in 4 nearby ZIPs range from $940 (61455) to $1,030 (61420).
Census figures for 62326 (2020–2024 average): Median household income $65,000. 21% of homes are rented. 41% of renters pay 30% or more of their income on rent, and 25% pay half or more.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 62326's fair market rent.
Estimate your Section 8 rent share for 62326Frequently Asked Questions
How do I apply to Colchester Apts. Woda Mgmt & Re LLC?
No phone is listed for Colchester Apts. Woda Mgmt & Re LLC. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Colchester Apts. Woda Mgmt & Re LLC Section 8 housing?
Colchester Apts. Woda Mgmt & Re LLC is listed as income-restricted housing in Colchester, IL 62326 (lihtc, usda). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Colchester Apts. Woda Mgmt & Re LLC?
Public records list 16 units at Colchester Apts. Woda Mgmt & Re LLC in Colchester, IL 62326. That is a building size, not a count of open apartments.
Are there other affordable apartments near Colchester Apts. Woda Mgmt & Re LLC?
Yes — this page lists other income-restricted buildings in 62326 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Colchester Apts. Woda Mgmt & Re LLC?
Call the number on this page and ask about the waiting list or how to apply at Colchester Apts. Woda Mgmt & Re LLC in Colchester, IL 62326. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Colchester, IL 62326?
Most income-restricted buildings in Colchester, IL 62326 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $31,400, and $44,850 for a 4-person household. Public housing can go up to 80% ($50,250 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Colchester, IL 62326?
For many programs in Colchester, IL 62326, the 2026 HUD very low-income (50%) limit is $31,400 a year for 1 person and $44,850 for 4 people. The low-income (80%) limit is $50,250 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Colchester, IL 62326?
In public housing and most Section 8 in Colchester, IL 62326, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Colchester, IL 62326 is $960 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Colchester Apts. Woda Mgmt & Re LLC take Section 8 vouchers?
This file does not say that Colchester Apts. Woda Mgmt & Re LLC has a project-based Section 8 contract. Some landlords in Colchester, IL 62326 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Colchester Apts. Woda Mgmt & Re LLC.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction. To add a different building, use the suggestion rubric.