Fred C Matthews Iii Senior Housing PB Section 8 Chicago, IL

Profile last updated · Data vintage: HUD FY2025

Fred C Matthews Iii Senior Housing is a Project-Based Section 8 community in Chicago, IL with 60 units reporting 98% occupancy. Assisted residents pay about $397/month on average.

60
total units
98%
occupancy
$397
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Project-Based Section 8
Address5040 S Indiana Ave, Chicago, IL 60615 Map →
Average household income$16,476/yr
Average personal income$15,936/yr
People per unit1
Moved in within last year15%
Households below 30% AMI90%
Households below 50% AMI100%
One-bedroom share100%

How to apply at Fred C Matthews Iii Senior Housing

Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.

  1. Call or visit the management office at 5040 S Indiana Ave, Chicago; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget (~$397/mo average here).

Other subsidized housing in Chicago

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Mary Jane Richardson-jones Apartments Public HousingChicago0.8 km
Grove Parc Plaza Apts LIHTCChicago1.4 km
Sutherland LIHTCChicago2 km
Drexel Preservation LIHTCPB Section 8Chicago2 km
Charles a Beckett Associates Lp LIHTCPB Section 8Chicago2.2 km
Washington Park Public HousingChicago2.2 km
Southland Village Apartments LIHTCChicago2.2 km
St. Edmund's Village, Llc LIHTCPB Section 8Chicago2.2 km

← All subsidized housing in Chicago

Frequently asked questions

What kind of subsidy does Fred C Matthews Iii Senior Housing have?
Project-Based Section 8. Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
How much is rent at Fred C Matthews Iii Senior Housing?
Residents report average rents near $397/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Fred C Matthews Iii Senior Housing?
Contact the management office at 5040 S Indiana Ave in Chicago. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.