About This Property
GA Senior Residence at Ravenswood is a 187-unit affordable housing community in Chicago that serves elderly residents. The property includes 16 studio units, 155 one-bedroom units, and 16 two-bedroom units designated as low-income housing. Placed in service in 2007, the residence is funded through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Chicago Housing Authority
The Chicago Housing Authority (CHA) offers affordable rental housing opportunities with open waitlists. This includes Public Housing. Residents of Public Housing live in developments owned and managed by CHA.
The Chicago Housing Authority (CHA) offers affordable rental housing opportunities with open waitlists. This includes the Housing Choice Voucher (HCV) Program. Participants may be eligible for reasonable accommodation if living with a disability.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
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.
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,650
- Low (80%)
- $52,200
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,300
- Low (80%)
- $59,650
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $41,950
- Low (80%)
- $67,100
- Extremely Low (30%)
- $27,950
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $50,350
- Low (80%)
- $80,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,100
- Low (80%)
- $86,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $57,800
- Low (80%)
- $92,450
- 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
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 Ga Senior Residence At Ravenswood is typically 30% of household income or less.
What size apartments are available at Ga Senior Residence At Ravenswood?+
Ga Senior Residence At Ravenswood offers the following unit types: 16 Studio, 155 One-Bedroom, 16 Two-Bedroom units, for a total of 187 units.
Is there a waitlist for Ga Senior Residence At Ravenswood?+
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.
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.
Who is eligible to live at Ga Senior Residence At Ravenswood?+
Ga Senior Residence At Ravenswood primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Ga Senior Residence At Ravenswood?+
Ga Senior Residence At Ravenswood is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Ga Senior Residence At Ravenswood?+
Ga Senior Residence At Ravenswood is managed by . You can reach them at .
What is the price range for apartments in Chicago, IL?+
Based on Fair Market Rent for Cook County, the estimated price range is: 1-bedroom: $1507, 2-bedroom: $1714. Actual rent at Ga Senior Residence At Ravenswood may be lower for income-eligible households.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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