Low Income (LIHTC)Waitlist Open

Veterans New Beginnings

8132 S Racine Ave, Chicago, IL, 60620

Information verified November 4, 2026·We re-check waiting list status daily

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About This Property

Veterans New Beginnings contains 54 studio units designated for low-income residents in Chicago, IL. The property offers housing options in Cook County and is managed to serve veterans seeking affordable housing solutions.

Waitlist Information

Waitlist managed by Chicago Housing Authority

Public Housing Waitlist

Open

The website states that the Chicago Housing Authority offers affordable rental housing opportunities with open waitlists for Public Housing. Featured properties like William Jones Apartments and Elizabeth Davis Apartments are mentioned.

Last verified October 22, 2026

Section 8 (HCV) Waitlist

Closed

The general Housing Choice Voucher (Section 8) waiting list closed in 2008 and has not reopened, with more than 16,000 households remaining on it. Historically, this list opened periodically through a lottery.

Last verified September 25, 2026

Waitlist data provided by section8waitlist.org

Updated November 4, 2026

Property Details

Total Units

Studio

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

8888

Low-Income Units

54 / 54

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 Veterans New Beginnings is typically 30% of household income or less.

What size apartments are available at Veterans New Beginnings?+

Veterans New Beginnings offers the following unit types: 54 Studio units, for a total of 54 units.

Is there a waitlist for Veterans New Beginnings?+

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.

Who manages Veterans New Beginnings?+

Veterans New Beginnings is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Veterans New Beginnings?+

Veterans New Beginnings 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 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.

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