About This Property
Paseo Boricua Apts is a 36-unit affordable housing community in Chicago that was placed in service in 2005 and is non-profit owned. The property includes one 1-bedroom, two 2-bedroom, and two 3-bedroom units and serves families through funding from CDBG and tax-exempt bonds. The development utilizes 9% Low-Income Housing Tax Credits to support affordability.
Waitlist Information
Waitlist managed by Chicago Housing Authority
The waiting list is always open, and applicants can sign up at any time. Preferences include victims of federally declared disasters, domestic violence victims, veterans, homeless, and family preservation.
The HCV waiting list is currently closed and has not reopened since 2008; it only accepts new applicants during a specific window of time announced publicly with a lottery.
Waitlist data provided by section8waitlist.org
Updated October 2, 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 |
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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 Paseo Boricua Apts is typically 30% of household income or less.
What size apartments are available at Paseo Boricua Apts?+
Paseo Boricua Apts offers the following unit types: 1 One-Bedroom, 2 Two-Bedroom, 2 Three-Bedroom units, for a total of 36 units.
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.
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, 3-bedroom: $2182. Actual rent at Paseo Boricua Apts may be lower for income-eligible households.
Who manages Paseo Boricua Apts?+
Paseo Boricua Apts is managed by . You can reach them at .
Who is eligible to live at Paseo Boricua Apts?+
Paseo Boricua Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Paseo Boricua Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. 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 Paseo Boricua Apts?+
Paseo Boricua Apts 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.
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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