Pana Park I & II — Income-Restricted Housing in Pana, IL 62557
407 N Poplar St, Pana, IL 62557
35 units · 1–2 BR
- 3 vacant units reported (Oct 2026) — call to confirm
How to apply
- Managed by Maco Management Co 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
- 1976
- Bedrooms
- 9 1 bedroom · 26 2 bedrooms
- USDA rental assistance
- 33 units (tenant pays about 30% of income)
- Managed by
- Maco Management Co Inc
Map loads here…
This buildingNearbyOpen a pin for the building name.
Nearby income-restricted buildings
Kehias Park Sq Apt
500 N State St, Pana, IL 62557
0.4 mi away
20 units · 1–2 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
Rents and income limits in 62557
- Fair market rent, 2 bedrooms
- $930/mo
- Income needed to pay it at 30% of income
- $37,200/yr
- Renters in 62557 paying 30% or more of income on rent
- 38%
Income limits (2026)
Christian County, IL area · median family income $90,600. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $19,050 | $31,750 | $50,750 |
| 2 | $21,800 | $36,250 | $58,000 |
| 3 | $27,320 | $40,800 | $65,250 |
| 4 | $33,000 | $45,300 | $72,500 |
| 5 | $38,680 | $48,950 | $78,300 |
| 6 | $44,360 | $52,550 | $84,100 |
| 7 | $50,040 | $56,200 | $89,900 |
| 8 | $55,720 | $59,800 | $95,700 |
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 | 62557 | Wider area |
|---|---|---|
| Studio | $650 | $654 |
| 1 bedroom | $720 | $718 |
| 2 bedrooms | $930 | $939 |
| 3 bedrooms | $1,110 | $1,119 |
| 4 bedrooms | $1,400 | $1,412 |
Wider area = Christian County, IL. Two-bedroom fair market rents in 6 nearby ZIPs range from $930 (62555) to $1,070 (62076).
Census figures for 62557 (2020–2024 average): median rent $702. Median household income $51,389. 29% of homes are rented. 38% of renters pay 30% or more of their income on rent, and 5% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
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 62557's fair market rent.
Estimate your Section 8 rent share for 62557Frequently Asked Questions
How do I apply to Pana Park I & II?
No phone is listed for Pana Park I & II. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Pana Park I & II Section 8 housing?
Pana Park I & II is listed as income-restricted housing in Pana, IL 62557 (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 Pana Park I & II?
Public records list 35 units at Pana Park I & II in Pana, IL 62557. That is a building size, not a count of open apartments.
Are there other affordable apartments near Pana Park I & II?
Yes — this page lists other income-restricted buildings in 62557 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 Pana Park I & II?
Call the number on this page and ask about the waiting list or how to apply at Pana Park I & II in Pana, IL 62557. 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 Pana, IL 62557?
Most income-restricted buildings in Pana, IL 62557 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 $31,750, and $45,300 for a 4-person household. Public housing can go up to 80% ($50,750 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 Pana, IL 62557?
For many programs in Pana, IL 62557, the 2026 HUD very low-income (50%) limit is $31,750 a year for 1 person and $45,300 for 4 people. The low-income (80%) limit is $50,750 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 Pana, IL 62557?
In public housing and most Section 8 in Pana, IL 62557, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Pana, IL 62557 is $930 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 Pana Park I & II take Section 8 vouchers?
This file does not say that Pana Park I & II has a project-based Section 8 contract. Some landlords in Pana, IL 62557 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Pana Park I & II.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, 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.