Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Inwood Towers

247 Caterpillar Dr, Joliet, IL, 60436

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Inwood Towers offers 134 one-bedroom apartments in Joliet, Illinois, serving elderly residents with low-income housing. The property has been in service since 2004 and contains units designated for low-income occupancy. Prospective residents can contact the management office for information about availability and application requirements.

Waitlist Information

Waitlist managed by Housing Authority of Joliet

Public Housing Waitlist
Closed
Apply: Multiple

The Public Housing Program waiting list is currently closed. The HA is unable to determine when the waiting list will re-open. Applicants must check the website or contact the front desk to inquire about open waiting lists. If a site-based waiting list is open, pre-applications can be submitted online or in person at the Main Office. Applicants must register with the applicant portal to track status.

Last verified February 10, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher (Section 8) Program waiting list has been closed for new applications since March 2010. The HA is unable to determine when the waiting list will re-open.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
134
1 Bedroom
134

Fair Market Rent - Will County, IL

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

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

Income Limits - Will 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

Tax Credit Program Details

Year Placed in Service
2004
LIHTC Credit Type
3
Low-Income Units
134 / 134
Target Population
Elderly

Frequently Asked Questions

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

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

What size apartments are available at Inwood Towers?+

Inwood Towers offers the following unit types: 134 One-Bedroom units, for a total of 134 units.

What is the price range for apartments in Joliet, IL?+

Based on Fair Market Rent for Will County, the estimated price range is: 1-bedroom: $1507. Actual rent at Inwood Towers may be lower for income-eligible households.

Who is eligible to live at Inwood Towers?+

Inwood Towers 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 Inwood Towers?+

Inwood Towers 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.

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

For a 4-person household in Will 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 Inwood Towers?+

Public Housing waitlist is currently Closed. 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.

Who manages Inwood Towers?+

Inwood Towers is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Somewhat Walkable

52
Walk
29
Transit
53
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Will County, IL

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Housing Resources in Joliet, IL

HUD-Approved Counseling Agencies

CSC - SPANISH COMMUNITY CENTER

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingFinancial Management/Budget Counseling

WILL COUNTY CENTER FOR COMMUNITY CONCERNS

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops