Chicago City Council has granted $9 million in TIF funding for Ogden Washtenaw A2, a segment of the Ogden Commons development located at 1312 S. Talman. This joint venture involves The Habitat Company, Lawndale Real Estate, and Sinai Health System. The development will comprise a 4-story building housing 75 mixed-income units, ranging from studios to three-bedroom apartments.
![](https://chicago.urbanize.city/sites/default/files/styles/1140w/public/2023-11/Ogden%20Washtenaw%20A2%20at%201312%20S.%20Talman%20-%201%20-%20Solomon%20Cordwell%20Buenz.jpg?itok=LpdV6mpJ)
Rendering of Ogden Washtenaw A2 from The Habitat Company
The $38.5 million project will secure funding from various sources, including a first mortgage lender, TIF, CHA loan, state donations and LIHTC equity. CHA retains ownership of the land under a lease agreement with the project developer.
![](https://static.wixstatic.com/media/6d5867_459c1fe243df4368b4822ec3cced18e8~mv2.png/v1/fill/w_1153,h_701,al_c,q_90,enc_auto/6d5867_459c1fe243df4368b4822ec3cced18e8~mv2.png)
Rendering of Ogden Washtenaw A2 from The Habitat Company
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