Victory Centre of Galewood

2370 N Newcastle Ave, Chicago, IL 60707

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents Studio Bed 1 Bath -
check_circle  Senior (62+)
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

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.

Victory Centre of Galewood ensures that frail seniors will have an affordable home with a high level of integrated supportive services. This community offers  three meals per day and assistance with daily living activities including transportation, housekeeping, laundry and health monitoring.

Dave's Thoughts On Victory Centre of Galewood

Because Victory Centre of Galewood participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Victory Centre of Galewood Amenities

  • Close to Public Transportation
  • Laundry Room

Units at Victory Centre of Galewood

Unit (Bd/Ba) Ft2 Rent
studio (Studio/1) - Rent is Based On Your Income

Income Qualification for Victory Centre of Galewood

*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 Victory Centre of Galewood

Does Victory Centre of Galewood have a waiting list?

Victory Centre of Galewood 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 Victory Centre of Galewood ?

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 Victory Centre of Galewood ?

Victory Centre of Galewood is managed by Mercy Housing headquartered in Denver, Colorado.

In addition to Victory Centre of Galewood , how many other affordable housing properties (and units) are there in Chicago?

In addition to Victory Centre of Galewood , 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 Victory Centre of Galewood listing last updated?

Victory Centre of Galewood listing on Affordable Housing Online was last updated on 01/03/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Victory Centre of Galewood

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