Low Income (LIHTC)Waitlist Open

16th & Homan Building

3354 W 16th St, Chicago, IL, 60623

Information verified August 22, 2026·We re-check waiting list status daily

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About This Property

The 16th & Homan Building contains 3 units designated as low-income housing in Chicago, Illinois. This property has been in service since 1988 and operates within Cook County.

Waitlist Information

Waitlist managed by Chicago Housing Authority

Public Housing Waitlist

Open

The Chicago Housing Authority (CHA) offers affordable rental housing opportunities with open waitlists. Residents of Public Housing live in developments owned and managed by CHA. CHA offers programs and services to help residents find careers, buy homes, or go back to school.

Last verified July 29, 2026

Section 8 (HCV) Waitlist

Open

The Chicago Housing Authority (CHA) offers affordable rental housing opportunities with open waitlists. Housing Choice Voucher (HCV) Program participants with disabilities may be eligible for a reasonable accommodation. Families with children up to 16 can find homes in neighborhoods of their choice with guidance and support.

Last verified August 14, 2026

Waitlist data provided by section8waitlist.org

Updated August 22, 2026

Property Details

Total Units

Fair Market Rent - Cook County, IL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$1,399
1 Bedroom	$1,507
2 Bedroom	$1,714
3 Bedroom	$2,182
4 Bedroom	$2,583

Income Limits - Cook County, IL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $19,600
Very Low (50%): $32,650
Low (80%): $52,200

2 Persons

Extremely Low (30%): $22,400
Very Low (50%): $37,300
Low (80%): $59,650

3 Persons

Extremely Low (30%): $25,200
Very Low (50%): $41,950
Low (80%): $67,100

4 Persons

Extremely Low (30%): $27,950
Very Low (50%): $46,600
Low (80%): $74,550

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $50,350
Low (80%): $80,550

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $54,100
Low (80%): $86,500

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $57,800
Low (80%): $92,450

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $61,550
Low (80%): $98,450

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$19,600	$32,650	$52,200
2 Persons	$22,400	$37,300	$59,650
3 Persons	$25,200	$41,950	$67,100
4 Persons	$27,950	$46,600	$74,550
5 Persons	$31,040	$50,350	$80,550
6 Persons	$35,580	$54,100	$86,500
7 Persons	$40,120	$57,800	$92,450
8 Persons	$44,660	$61,550	$98,450

Tax Credit Program Details

Year Placed in Service

1988

Low-Income Units

3 / 3

Frequently Asked Questions

What is the average rent for affordable housing in Chicago, IL?+

The Fair Market Rent (FMR) for Cook County, IL is: $1399 (Studio), $1507 (1BR), $1714 (2BR), $2182 (3BR), $2583 (4BR). Actual rent at subsidized properties like 16th & Homan Building is typically 30% of household income or less.

What are the income limits for affordable housing in Cook County, IL?+

For a 4-person household in Cook County, IL, the income limits are: Extremely Low Income (30% AMI): $27,950, Very Low Income (50% AMI): $46,600, Low Income (80% AMI): $74,550. These limits are set by HUD and updated annually.

Is there a waitlist for 16th & Homan Building?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at 16th & Homan Building?+

16th & Homan Building is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages 16th & Homan Building?+

16th & Homan Building is managed by . You can reach them at . Visit their website for more information.

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