Affordable Housing

Affordable Housing Project Begins Construction in Deerfield

Zion Woods, a project for affordable housing, has begun construction on a nine-acre parcel next to Zion Evangelical Lutheran Church in Deerfield. Initiated by the church over a decade ago, the development aims to address the increasing need for affordable housing in the area. The project, which saw its groundbreaking ceremony recently, is expected to be ready for occupancy by mid-2025.

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Financing Approved For Mixed-Use Project at 3601 W Chicago

The Chicago City Council has sanctioned a $25 million bond for The Ave, a multi-family housing project. The Ave, which won the Chicago Ave Invest South/West RFP site in late 2021, will be situated at 3601 W. Chicago, replacing the existing Neighborhood Housing Services office and a city-owned commercial building. The project, led by KMW Communities, POAH, and CEC, will be a four-story structure housing 52 affordable apartments, a Neighborhood Housing Services space, an innovation center, 16,000 square feet of retail space, and a ground-floor parking area for 32 vehicles.

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City Council Grants Funding For Ogden Washtenaw A2

Chicago City Council has granted $9 million in TIF funcding 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.

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