Mayslake Village has provided affordable senior housing in the Chicago area since 1965. As one of the largest Federally funded senior developments in the United States, Mayslake Village is considered one of the country's outstanding HUD projects, and has become a model for other residential communities that offer affordable senior housing.
All units are fully applianced and include:
At Mayslake Village we are home to more than 600 individuals with the average resident being 80 years old.
These well elderly have the ability to care for themselves in a residence that allows each person their independence in a caring environment.
Mayslake Village provides an array of supportive services designed to allow residents to live their retirement years with dignity, maintain maximum functional status, and avoid premature institutionalization.
|One Bedroom (1/1)||-||Call for Price|
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.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
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 Oak Brook but actual income limits may differ for units at Mayslake Village.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
Mayslake Village is managed by DuPage Housing Authority.