Affordable Housing


4715 N Western Avenue. Rendering by DesignBridge

Brickwork nearly complete on affordable housing development at 4715 North Western Avenue in Lincoln Square

There are a lot more bricks on the façade of 4715 North Western Avenue than when we last stopped by in July. In fact, there appears to be only a small section on the southwest corner of the building that remains to be done. Located at the corner of Western and Leland Avenues in Lincoln Square, time is of the essence for the building, as developer The Community Builders expects to have residents begin moving in before 2025 begins.

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New City Program Partially Funds New Affordable Housing Developments

Additional funding has been approved for two affordable housing projects as part of the city’s new bond program. This bond program was approved back in April, now the proposals at 1801 S Wabash Avenue and 4531 W Washington Boulevard will be the first to be financed by it. This first round of approvals will be contributing $20.5 million between the two.

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Additional Financing Approved For Casa Yucatan In Lower West Side

Additional financing has been approved for the affordable housing development at 2136 S Ashland Avenue in the Lower West Side. Set to replace a vacant lot across the street from Benito Juarez High School, the project has received approval from the Community Development Commission for $23 million in TIF funds. Developer The Resurrection Project is behind the project dubbed Casa Yucatan.

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