12218 Will Cook Rd, Palos Park, IL 60464
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property is a Section 202 property and includes rental assistance, it will tend to have a longer waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
St. Francis of Assisi Residence is a senior citizen housing-only residence located in Palos Park, Illinois. It consists of 81 one-bedroom units, each of which include a living room/dining area, kitchen with appliances, bedroom, bathroom and closets. Carpeting, blinds and air conditioners are also provided. Community space consists of media room, game room, laundry facilities, mailbox lobby, public restrooms, offices and a community room with a kitchen. The St. Francis of Assisi Residence is sponsored and operated by Catholic Charities Housing Development Corporation and is financed under the Section 202 Supportive Housing for the Elderly Program of the U.S. Department of Housing and Urban Development. Property is completely smoke-free as of April 1, 2012, common areas and resident units.
As a modern Section 202 property built after 1990, St Francis of Assisi Residence only allows seniors aged 62 or older. Older “Legacy” 202 properties (pre-1990) do allow younger persons with disabilities. Modern 202 properties tend to be in better physical condition primarily due to age. Section 202 properties include a rent subsidy, so you will only pay 30% of your income toward rent. To qualify, you will need to earn 50% of the Area Median Income or less. These properties often include a resident services coordinator that arranges services like healthcare management, transportation, and social activities. If you are a senior or have a senior in your household, and need services to maintain independent living, this property may be good for you. Since this property participates in the HUD 202 program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $23,200 / year | $26,500 / year | $29,800 / year | $33,100 / year | $35,750 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 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 |
| 80% AMI for PBRA Units | $61,800 / year | $70,600 / year | $79,450 / year | $88,250 / year | $95,350 / year | $102,400 / year | $109,450 / year | $116,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does St Francis of Assisi Residence have a waiting list?
St Francis of Assisi Residence probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at St Francis of Assisi Residence?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges St Francis of Assisi Residence?
St Francis of Assisi Residence is managed by The Catholic Charities Archdiocese of Chicago headquartered in Chicago, IL.
In addition to St Francis of Assisi Residence, how many other affordable housing properties (and units) are there in Cook County?
In addition to St Francis of Assisi Residence, 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.
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