One Deerfield Place

733 Osterman Avenue, Deerfield, Illinois 60015

Beautiful senior building near downtown Deerfield.

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Last updated on May 3rd, 2017


Unit (Bd/Ba) Ft2 Rent
1br (1/1) - Income Based
2br (2/1) - Income Based

One Deerfield Place Details

  • 98 one and two bedroom units.
  • Section 202 Supportive Housing for the Elderly

Office Hours

Day Hours
Monday 9:00am-5:00am
Tuesday 9:00am-5:00am
Wednesday 9:00am-5:00am
Thursday 9:00am-5:00am
Friday 9:00am-5:00am

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Deerfield 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 Deerfield but actual income limits may differ for units at One Deerfield Place.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $21,900 $25,000 $28,150 $31,250 $33,750 $37,190 $41,910 $46,630
50% $36,500 $41,700 $46,900 $52,100 $56,300 $60,450 $64,650 $68,800
80% $58,350 $66,700 $75,050 $83,350 $90,050 $96,700 $103,400 $110,050

One Deerfield Place is managed by Housing Opportunity Development Corporation.

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