Preservation of Affordable Housing

Details Revealed On Renovation Of Affordable Property At 6430 S Stony Island Drive In Woodlawn

New details have been revealed on the sale and renovation of an affordable housing project at 6430 S Stony Island Drive in Woodlawn. Located just north of the intersection with E 65th Street, the 1969-built structure was recently purchased by the Preservation Of Affordable Housing (POAH) for over $29 million from PNC Bank who has owned the property since 2015. The renovation gives residents a sigh of relief as the area directly across the street from the future Obama Presidential Center grapples with rising cost.

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Garfield Green Development. Rendering by Perkins + Will and Nia Architects

Developer Submits Plans for C40 Garfield Green Development at 201 S Kedzie Avenue in East Garfield Park

Plans have been submitted to the city for the C40 Garfield Green development at 201 S Kedzie Avenue in East Garfield Park. Located on two parcels at the intersection of S Kedzie Avenue and W Fifth Avenue, the adjacent sites will both be corner properties. The development will replace vacant city-owned property as the winning proposal of the C40 Reinventing Cities competition. Preservation of Affordable Housing is the developer behind the proposal.

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