I was also accepted for the 2016-2017 year. I plan on attending, but I would appreciate advice and information on what to expect regarding the program. Also, if anyone succeeded in negotiating for more funding, please regale us with the gory details.
Also, for anyone who wants to know:
Grad housing at UChicago - not nice. It's pretty expensive compared to regular apartment deals, and the quality of rooms range from mildly sad to causing bodily harm (like $900 for a one-room in a gross old building with windows that face a brick wall, bad soundproofing, very possible bedbug infestations, etc.). But I say this with reference to only three data points that I've accumulated (UChicago grad students I've come into contact with), so take it with a grain of salt.
If you're looking for apartment or other deals, the usual place to look is marketplace.uchicago.edu.
Source: Hyde Park resident (myself)