Gibson City Apts. Tr 01-18-04107-00
637 N State St, Gibson City, IL 60936
Family · 8 1BR, 8 2BR
Managed by Jakks Management , INC
- Units
- 16
- Rental assistance
- 15
- Vacant
- 5
- Accessible
- 0
- Opened
- 1975
Illinois
USDA rental housing in Ford County, IL
5 properties in Ford County have USDA Section 515 or 514 financing: 89 apartments across 2 towns. 82 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
5properties
89apartments
82rental assistance units
7vacant units reported
Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.
Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.
Schoolhouse Apts
200 N Melvin St, Gibson City, IL 60936
Elderly · 34 1BR
Managed by Gibson Management
- Units
- 34
- Rental assistance
- 34
- Vacant
- 0
- Accessible
- 4
- Opened
- 1994
Franklin Street Apartments
656 W Franklin St, Paxton, IL 60957
Family · 6 1BR, 6 2BR
Managed by Palen Management
- Units
- 12
- Rental assistance
- 12
- Vacant
- 1
- Accessible
- 1
- Opened
- 1983
Olin Ostendorf Villa Apts
555 E State St, Paxton, IL 60957
Elderly · 15 1BR, 2 2BR
Managed by Ford County Housing Authority
- Units
- 17
- Rental assistance
- 13
- Vacant
- 0
- Accessible
- 0
- Opened
- 1991
Paxton Village Apts
311 E Prospect, Paxton, IL 60957
Family · 10 2BR
Managed by Dak Management, INC
- Units
- 10
- Rental assistance
- 8
- Vacant
- 1
- Accessible
- 0
- Opened
- 1985
Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.
Who can rent here
USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.
For owners and buyers
Ownership: 1 nonprofit, 4 limited-profit. 1 also has housing tax credits. 2 serve elderly tenants. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.
Every property in one file: 515/514 portfolio download (CSV and JSON).