March 23, 2005 -- Oprah Winfrey is giving up her fancy surroundings to live in a public housing project in Chicago.

The talk show hostess, who's been known to give away cars to her entire studio audience, will spend a month in the downscale digs as part of a TV series she's producing about the housing crisis in the country's inner cities.

Unlike her new neighbors, the 51-year-old media mogul owns more than $100 million in properties — and has an annual income of more than $380 million.

She will be flanked by a team of security guards during the move, but will otherwise fend for herself, said her spokesman.

Winfrey's move will be a short ride from her spawling $12 million duplex condo on Michigan Avenue, known for its trendy shops and upscale apartments.