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Details: A 60-unit (one bedroom) apartment complex in Chicago, Illinois opened its doors to seniors in the fall of 2005. The YMCA of Metropolitan Chicago is the managing agent of this property. The purpose of this equal-opportunity housing facility is to provide affordable housing for very low and extremely low income elderly and disabled individuals and families through the Department of Housing and Urban Development's Section 202 PRAC program. Because of the HUD Section 202/PRAC subsidy program through which the property is funded, applicants must meet certain qualifications for admission to the Housing Center. Head of household, spouse, or co-head must be 62 years of age or older, including elderly persons with a need (mobility impairment) for the features of an accessible unit. Particular income limits determined by the Department of HUD in accordance with the Section 202/PRAC program do apply. Those who qualify for this program type will pay 30% of his/her monthly income toward rent and utilities. Water, trash, sewer, recycling, utilities (excluding electricity and phone) are included in the rent. All 60 apartments are unfurnished one-bedroom units equipped with an air conditioner, refrigerator, and stove. Twelve of our apartments are handicapped/barrier-free units to some degree.
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