Funding Initially Approved For Affordable Housing Renovation In Woodlawn
The Committee on Housing and Real Estate has approved the initial funding for the renovation of the Island Terrace Apartments building at 6430 S Stony Island Drive in Woodlawn. Located near the intersection with E 65th Street and a few blocks south of the future Obama Presidential Center, the tower will receive significant updates under its new owner. That owner being the Preservation Of Affordable Housing (POAH) who is working with an undisclosed architect on the project at the moment.
