One Deerfield Place
733 Osterman Avenue, Deerfield, Illinois 60015
Beautiful senior building near downtown Deerfield.
ODP Waiting list is Open Now
One Deerfield Place has an active waiting list
Last updated on May 3rd, 2017Units
| 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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