Fred C. Matthews III Senior Housing
Chicago, IL - 60615

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Fred C. Matthews III Senior Housing

5040 South Indiana Avenue
Chicago, IL - 60615
(773) 548-5495


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Median apartment rental rate in this zip code: $1,141
Population in zip code: 40,590
Media age of those living in this zip code: 35.3
Media household income of those living in this zip code: $45,077
Average home value in this zip code: $229,897


Housing Property for seniors.
Number of Units at this property: 60
Occupants type: Senior housing

Amenities:
Community room, exercise room, laundry facilities and a library.

This is a Low Income Housing community.
Contact the property for current availability; wait lists may apply.



Tips Before Applying for Low Income Housing
  • 1. Research all of the different low-income housing programs available in your area. There are a variety of federal, state, and local programs that offer low-income housing assistance. Each program has its own eligibility requirements and application process, so it is important to do your research to find the program that is right for you.
  • 2. Get all of your documentation in order: When you apply for low income housing, you will need to provide documentation of your income, assets, and household composition. This documentation may include tax returns, pay stubs, bank statements, and birth certificates.
  • 3. Be careful and accurate on all information provided: Any false or misleading information on your application will most likely result in your disqualification.
  • 4. Waiting Lists: The waiting lists for most, if not all low-income housing programs is long. Do not limit yourself to only apply to one apartment location.

Qualifications: Do you qualify to live here?
To qualify for low income housing in Illinois, you must meet the following income requirements:

Your household income must be below 80% of the area median income (AMI). The AMI is updated annually by the Department of Housing and Urban Development (HUD) and varies by county.

You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).

You must be a U.S. citizen or a legal immigrant.

In addition to the income requirements, you may also need to meet other eligibility requirements, such as:

- You must not have been evicted from any public housing or Section 8 housing in the past three years.
- You must not have any outstanding felony convictions for drug-related offenses.
- You must not be a registered sex offender.



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Low Income Apartments Nearby

* Mileage is based as direct lines from geocoded point to point (as the crow flies). Please check google maps for exact directions and road miles.



Federal Poverty Guidelines for 2023
Persons In Family Household Poverty Guideline
For Households with more than 8 persons, add $4,480 for each additional person.
1 $14,580
2 $19,720
3 $24,860
4 $30,000
5 $35,140
6 $40,280
7 $45,420
8 $50,560

*Alaska and Hawaii have different rates for HUD federal poverty guidelines.
These numbers above represent 100% of the Federal Poverty Rate. In order to get in some apartments the 100% rate changes to things like 200%. In these cases, you will only need to multiply the rate in each category by 2.


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