Further Funding Approved for Albany Terrace Apartments and Irene McCoy Gaines Apartments
The City of Chicago has awarded further funding to both the Albany Terrace Apartments and the Irene McCoy Gaines Apartments. The Albany Terrace Apartments is located at 3030 W 21st Place in the South Lawndale community and yields 350 units in a 17-story tower, including a total of 32 mobility-accessible units and 37 sensory adaptable units in a senior living complex that was originally built in 1974. The 17-story Irene McCoy Gaines Apartments were constructed in 1964 and named in honor of the first African American woman to run for a seat in the Illinois Legislature. The senior living property is located at 3700 W Congress Parkway in East Garfield Park and is composed of 151 studio and one-bedroom apartments including 30 ADA-accessible units. According to the decision, both buildings are receiving the funding to contribute towards critical systems upgrades garnered by way of a financial proposal that was approved by City Council on Friday of last week.