City Council Approves Land Purchase For Affordable Housing In Pilsen
The Chicago City Council has approved the acquisition of various vacant city lots in Pilsen for the creation of affordable housing. The lots are located at the intersection of S Peoria Street and W 18th Street and represent the largest developable property in the neighborhood and future construction would continue the vibrant street wall along 18th Street. The $12 million purchase of the 6.3 acres by the city brings the tally of money spent towards affordable housing up to $1 billion, a major investment in many changing communities.