About This Property
Teresa Roldan/Paseo Boricua contains 59 units of affordable housing in Chicago, Illinois, with 58 designated as low-income units. The property, which entered service in 2005, serves elderly residents and offers a mix of 5 studio units, 53 one-bedroom units, and 1 two-bedroom unit. Financing includes Community Development Block Grant (CDBG) funding and 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Chicago Housing Authority
The waiting list is continuously open; applicants can sign up at any time. Application selection is based on application date and eligible preferences such as homelessness. Other preferences include victims of federally declared disasters, domestic violence victims, veterans, and family preservation.
The HCV waitlist is currently closed and only accepts new applicants during specific windows of time through a lottery system. Preferences may include victims of federally declared disasters, domestic violence victims, veterans, homeless, and family preservation.
Waitlist data provided by section8waitlist.org
Updated June 20, 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 Teresa Roldan/Paseo Boricua is typically 30% of household income or less.
What size apartments are available at Teresa Roldan/Paseo Boricua?+
Teresa Roldan/Paseo Boricua offers the following unit types: 5 Studio, 53 One-Bedroom, 1 Two-Bedroom units, for a total of 59 units.
Is there a waitlist for Teresa Roldan/Paseo Boricua?+
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 Teresa Roldan/Paseo Boricua?+
Teresa Roldan/Paseo Boricua 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 is eligible to live at Teresa Roldan/Paseo Boricua?+
Teresa Roldan/Paseo Boricua primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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 Teresa Roldan/Paseo Boricua may be lower for income-eligible households.
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 manages Teresa Roldan/Paseo Boricua?+
Teresa Roldan/Paseo Boricua is managed by . You can reach them at .
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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