Juniper Tower

350 Juniper St, Park Forest, Illinois 60466

This elderly designated property offers nearby police, fire and emergency services to all residents. The property is centrally located in Park Forest. Convenient public transportation and cab service. Nearby services include St. James Hospital, Park Forest shopping, churches, and restaurants. The building has a laundry room, computer lab, and community room.

Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 400 Call for Price
1 Bedroom (1/1) 500 Call for Price

Juniper Tower Details

  • 100 0 and 0 bedroom units.
  • Rental Assistance Demonstration (RAD)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance

Property Amenities

  • Community Room
  • Library
  • Laundry Room
  • On-Site Management
  • Fitness Center
  • On-Site Maintenance
  • On Site Security

Unit Amenities

  • Air Conditioning
  • Heat and Air

Rental Assistance Demonstration (RAD)

Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Juniper Tower is managed by Housing Authority of Cook County.

Image of Juniper Tower