Affordable Housing

Affordable Apartments For Middle-Income Proposed In Near North Side

Initial details have been revealed for a mixed-use development at 1549 N Fremont Street in the Near North Side. Located just south of the intersection with W North Avenue, the U-shaped structure will replace a surface parking lot surrounded by the multi-story Toyota dealership garage with an outer wall that partially collapsed this year after a windstorm. Local developer CityPads Chicago, responsible for other residential buildings in the city, is leading the project for which the architect is currently unknown.

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Permits Issued For Homan Square Supportive Mixed-Use Development

A new construction permit has been issued for the first phase of a mixed-use development at 3437 W Flournoy Street in Homan Square. Dubbed the Homan Square Permanent Supportive Housing (PSH) project, the three-site proposal is being built in multiple phases with the lots centering around S Homan Avenue just south of the highway. Hoping to tackle various housing issues, the locally-led Foundation for Homan Square is envisioning the project with popular design firm JGMA working on the buildings.

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Groundbreaking Held For Covent Hotel Renovation At 2653 N Clark Street in Lincoln Park

A groundbreaking has been held for the mixed-use renovation of the old Covent Hotel at 2653 N Clark Street in Lincoln Park. Located on the corner with W Drummond Place, the project is part of a larger proposal which will bring a new market rate apartment building, however the existing rooming motel will be converted to affordable units. This is being led by the NHP Foundation and Drummond Development with local firm Weese Langley Weese Architects working on its design.

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Pritzker Foundation Announces Chicago Prize Finalist Across Neighborhoods

The initial finalists for the 2022 Pritzker Traubert Foundation Chicago Prize have been announced across various city neighborhoods. The new competition started this year by the foundation was created with the belief that all Chicagoans should have equal access to economic opportunity. The six finalists are vying for a $10 million award, as a part of a larger $30 million commitment to community development on the city’s south and west sides over the next five years according to their website.

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City Announces Sale Of Over 2,000 Lots Across South And West Sides

The City of Chicago has announced a new consolidated program to sell over 2,000 city-owned lots across various neighborhoods in the south and west sides. Focusing on neighborhoods like Englewood, West Englewood, New City, Garfield Park, North Lawndale, and Austin, the program aims at creating an equitable path for property ownership in areas that have long suffered from widespread disinvestment. Dubbed ChiBlockBuilder, it is being led by the Department of Planning and Development and city commissioner Maurice Cox with the blessing of Mayor Lori Lightfoot.

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