950 Cedar Ridge Lane, Richton Park, IL 60471
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 may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a 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.
Cedar Ridge Elderly offers you all you would expect in apartment living and more. A place to call home for anyone 62 and older or those under the age of 62 who require the features included in an accessible apartment. Your rent is based on your income and occupancy is subject to HUD rules and regulations, including the HUD annual income limits.
Each unit is furnished with an electric range, refrigerator, air conditioner unit, and carpeting. The resident is responsible for utilities. Our two elevator buildings are six stories high with laundry facilities in each building. Buildings are connected by enclosed walkways to the office, mailboxes, library and community room. Our swimming pool with sun deck is open from Memorial Day to Labor Day. Transportation is available through the Rich Township Senior Wheels Program, and a Social Director is on staff to plan many activities in which residents may elect to participate.
Contact phone # - 708-748-1976
Since Cedar Ridge Elderly Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance 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 Cedar Ridge Elderly Apartments have a waiting list?
Cedar Ridge Elderly Apartments 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 Cedar Ridge Elderly Apartments?
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 Cedar Ridge Elderly Apartments?
Cedar Ridge Elderly Apartments is managed by Benchmark Management Corporation headquartered in Amherst, New York.
In addition to Cedar Ridge Elderly Apartments, how many other affordable housing properties (and units) are there in Richton Park?
In addition to Cedar Ridge Elderly Apartments, we list 2 other affordable properties in Richton Park. Learn about these properties here. Our data research shows that there are a total of 275 affordable units in Richton Park.
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