Lakewood Tower LIHTCPB Section 8 Lake Villa, IL

Profile last updated · Data vintage: HUD LIHTC 2024

Lakewood Tower is a Low-Income Housing Tax Credit (LIHTC) community in Lake Villa, IL with 80 units. Rents are set relative to household income.

80
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address320 N Milwaukee Ave, Lake Villa, IL 60046 Map →
Tax-credit (LI) units80
Placed in service2003

How to apply at Lakewood Tower

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 320 N Milwaukee Ave, Lake Villa; 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.

Other subsidized housing in Lake Villa

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Oak Hill Supportive Living Facility LIHTCRound Lake Beach4.4 km
Oak Hill Supportive Living Facility LIHTCRound Lake Beach4.4 km
Cedar Villas PB Section 8Round Lake Beach4.5 km
Cedar Villas PB Section 8Round Lake Beach4.5 km
Beach Haven Tower Public HousingRound Lake Beach4.7 km
Beach Haven Tower Public HousingRound Lake Beach4.7 km
Oakridge Village Apts LIHTCPB Section 8Antioch6.7 km
Oakridge Village Teb2007 PB Section 8Antioch6.7 km

← All subsidized housing in Lake Villa

Frequently asked questions

What kind of subsidy does Lakewood Tower have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Lakewood Tower?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Lakewood Tower?
Contact the management office at 320 N Milwaukee Ave in Lake Villa. 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.