935 Maple Ave, Homewood, IL 60430
Waiting List Forecast: Closed
Verified for 2024 by Lorena BentleyRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Freedom Village Apartments, 1 and 2-Bedroom Waiting List
The Housing Authority of Cook County (HACC) last accepted Senior Section 8 Project Based Voucher waiting list applications for 1 and 2-Bedroom apartments at Freedom Village Apartments from July 29, 2024, until August 1, 2024. There is no notice when this waiting list will reopen.
This waiting list was for the following property:
Income Qualification
The maximum income limits for each household size were as followed:
Preferences
This waiting list had the following preference: Applicants who are currently on the HACC’s Housing Choice Voucher (HCV) Program wait list.
Selection Process
150 selected applicants were placed on the 1-bedroom waiting list by random lottery, by order of preferences.
75 selected applicants were placed on the 2-bedroom waiting list by random lottery, by order of preferences.
Application Method
To apply while the waitlist was open, applicants were required to complete the online application.
For more information, visit the HACC website.
Sources: This information was verified by the HACC public notice on July 17, 2024.
Go to the public housing authority page for this waiting list >>
Freedom Village, a senior housing community, located at 935 Maple Avenue in Homewood IL 60430. To be eligible for Freedom Village, you must be 62 years of age or older.
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 Freedom Village 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 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many 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 lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1-Bedroom (1/1) | - | Rent is Based On Your Income† |
2-Bedroom (2/1) | - | Rent is Based On Your Income† |
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.
Does Freedom Village have a waiting list?
Freedom Village has a waiting list. See above for waiting list details.
Are rents subsidized at Freedom Village?
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.
In addition to Freedom Village, how many other affordable housing properties (and units) are there in Cook County?
In addition to Freedom Village, we list 1105 other affordable properties in Cook County. Learn about these properties here. Our data research shows that there are a total of 102374 affordable units in Cook County.
When was the Freedom Village listing last updated?
Freedom Village listing on Affordable Housing Online was last updated on 07/17/2024 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.Kim Eatmon says:
"Affordable Housing Online is a great way to see what’s available for low income housing."