Oakwood Shores ( P2 B1 )

518 E 38th St, Chicago, Illinois 60653

Oakwood Shores ( P2 B1 ) Details

  • 75 units.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Chicago HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Chicago but actual income limits may differ for units at Oakwood Shores ( P2 B1 ).

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,750 $21,400 $24,100 $26,750 $30,170 $34,590 $39,010 $43,430
50% $31,200 $35,650 $40,100 $44,550 $48,150 $51,700 $55,250 $58,850
80% $49,950 $57,050 $64,200 $71,300 $77,050 $82,750 $88,450 $94,150

These general income qualifications for Chicago, Illinois should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Oakwood Shores ( P2 B1 ) receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Oakwood Shores ( P2 B1 ) is managed by Chicago Housing Authority.

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