Harold Washington Apartments

4946 N Sheridan Rd, Chicago, IL 60640

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents Studio - 1 Bed 1 Bath -

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

The Harold Washington Apartments provides 69 units of permanent supportive housing for formerly homeless, low-income and disabled adults. This community offers studio apartments and 1 bedroom apartments.

Dave's Thoughts On Harold Washington Apartments

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 Harold Washington 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. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Harold Washington Apartments Amenities

  • Community Room
  • Courtyard
  • On-Site Laundry

Units at Harold Washington Apartments

Unit (Bd/Ba) Ft2 Rent
studio (Studio/1) - Call for Price
1 Bedroom (1/1) - Call for Price

Income Qualification for Harold Washington Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year $68,400 / year $72,800 / year
50% AMI for PBRA Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year $68,400 / year $72,800 / year
60% AMI for LIHTC Units $46,380 / year $52,980 / year $59,580 / year $66,180 / year $71,520 / year $76,800 / year $82,080 / year $87,360 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Harold Washington Apartments

Does Harold Washington Apartments have a waiting list?

Harold Washington Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Harold Washington 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.

What property management company manges Harold Washington Apartments?

Harold Washington Apartments is managed by Mercy Housing headquartered in Denver, Colorado.

In addition to Harold Washington Apartments, how many other affordable housing properties (and units) are there in Chicago?

In addition to Harold Washington Apartments, we list 763 other affordable properties in Chicago. Learn about these properties here. Our data research shows that there are a total of 83842 affordable units in Chicago.

When was the Harold Washington Apartments listing last updated?

Harold Washington Apartments listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Harold Washington Apartments

Lathrop Homes

2000 W. Diversey Ave., Chicago, Illinois 60647

Northpoint Apartments

7717 North Paulina, Chicago, Illinois 60626

Clarendon Courts Apartments

4500 N Clarendon Ave, Chicago, Illinois 60640

El Zocalo

4651 South Spaulding Avenue, Chicago, Illinois 60632

Riverside Village

13215 S Indiana Ave, Chicago, Illinois 60827

Margot And Harold Schiff Residences

1244 N Clybourn Ave, Chicago, Illinois 60610

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.