7228 Circle Avenue, Forest Park, IL 60130
Waiting List Forecast: Closed
Verified for 2020 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Wisdom Village of Northlake, Forest Oaks Senior, Thomas Place, Poplar Creek Village and Carriage Creek, 1 and 2-Bedroom, 55+ Waiting List
The Housing Authority of Cook County (HACC) last accepted Senior Section 8 Project Based Voucher waiting list applications for 1 and 2-Bedroom apartments at Wisdom Village of Northlake, Forest Oaks Senior, Thomas Place, Poplar Creek Village and Carriage Creek Apartments from November 6, 2023, until November 9, 2023. There is no notice when this waiting list will reopen.
This waiting list was for the following properties:
To apply while the waitlist was open, applicants were required to complete the online application.
The maximum income limits for each household size were as followed:
Preferences have not been confirmed.
Selected applicants were placed on the waiting list by random lottery, by order of preferences.
For more information, visit the HACC website.
Sources: This information was verified by the HACC public notice on November 6, 2023.
Go to the public housing authority page for this waiting list >>
Forest Oaks is a privately owned and operated 56 unit senior housing community with one and two bedroom apartments. To be eligible Forest Oaks, the head of household, co-head of household, or spouse must be 55 years old or older and have income that does not exceed 50% of the AMI. Residents of this development pay 30% of his/her income towards the rent and the HACC subsidizes the remainder of the rent to the owner.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Forest Oaks Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $38,650 / year | $44,150 / year | $49,650 / year | $55,150 / year |
| 50% AMI for PBRA Units | $38,650 / year | $44,150 / year | $49,650 / year | $55,150 / year |
| 60% AMI for LIHTC Units | $46,380 / year | $52,980 / year | $59,580 / year | $66,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Forest Oaks Apartments have a waiting list?
Forest Oaks Apartments has a waiting list. See above for waiting list details.
Are rents subsidized at Forest Oaks Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to Forest Oaks Apartments, how many other affordable housing properties (and units) are there in Cook County?
In addition to Forest Oaks Apartments, we list 987 other affordable properties in Cook County. Learn about these properties here. Our data research shows that there are a total of 102353 affordable units in Cook County.
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