Public Housing and PBRA residents pay 30% of their income and HACC subsidizes the rest.
Forest Oaks is a privately owned and operated 56 unit senior housing community with one and two bedroom apartments. To be eligible Forest Oaks, the head of household, co-head of household, or spouse must be 55 years old or older and have income that does not exceed 50% of the AMI. Residents of this development pay 30% of his/her income towards the rent and the HACC subsidizes the remainder of the rent to the owner.
Project Based Voucher
The Housing Choice Voucher (HCV) Program provides rental assistance to help low income persons afford decent and safe rental housing. HCV Programs are funded by the Department of Housing and Urban Development (HUD), and administered by public housing agencies throughout the country. The Housing Authority of Cook County (the HACC) is the housing agency that administers an HCV Program in Suburban Cook County.