Freedom Village

935 Maple Ave, Homewood, IL 60430

Waiting List Forecast: Closed

check_circleVerified for 2024 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Information

Freedom Village Apartments, 1 and 2-Bedroom Waiting List

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.

Dave's Thoughts On Freedom Village

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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Freedom Village Amenities

  • Community Room
  • Library
  • Organized Activities
  • On-Site Parking
  • Refrigerator
  • Near Shopping
  • Stove
  • Near Restaurants

Units at Freedom Village

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

Income Qualification for Freedom Village

*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 Freedom Village

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.

Listings Near Freedom Village

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

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