Chicago's Department of Housing (DOH)
Recent News About Chicago's Department of Housing (DOH)
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Chicago launches shared equity investment program for affordable homeownership
The Chicago Department of Housing (DOH), in collaboration with the Chicago Community Loan Foundation (CCLF) and The Resurrection Project (TRP), has initiated a new program aimed at expanding affordable homeownership opportunities.
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Chicago secures $4M for non-congregate shelters aiding homeless youth
The Chicago Department of Housing (DOH), in collaboration with the Department of Family and Support Services (DFSS), has secured $4 million in grant funds for the Non-Congregate Shelter Acquisition program. The funding, administered by the State of Illinois Department of Commerce and Economic Opportunity’s Office of Community Development, will allocate $2 million each to La Casa Norte and Unity Parenting and Counseling, Inc.
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Chicago announces new housing projects funded by Mayor Johnson's HED bond
The Chicago Department of Housing (DOH) has announced the first two developments to receive financing from Mayor Brandon Johnson's HED bond. This initiative is part of a broader strategy to fund housing, with Mayor Johnson committing $230-250 million for the construction and preservation of affordable rental homes.
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City Council approves property transfer in Chicago's Lakeview neighborhood
Chicago's City Council has approved an ordinance that facilitates the transfer of ownership for Renaissance Saint Luke, a senior living facility located in the Lakeview neighborhood. The change involves transferring control from the current General Partner, RRG Renaissance Saint Luke SLF, LLC, and Limited Partner, NJK Venture, LLC to new partners Greenview SLF General, LLC and Greenview SLG Limited LLC. The purchase price for this transaction is set at $6 million.
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Chicago City Council approves funding for Humboldt Park housing project
The Chicago City Council has sanctioned the allocation of funds, the sale of city-owned land, and the appointment of The Ave SW, LLC as the developer for a new housing project in Humboldt Park. This initiative involves the construction of a four-story, multi-family housing development.
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Chicago approves sale and transfer ordinance for Karibuni Place
The Chicago Department of Housing (DOH) has approved an ordinance for the sale and transfer of Karibuni Place, located at 8200 S Ellis. This decision includes the assumption of the regulatory agreement, loan documents, and existing associated city debt.
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Prairie District Apartments set for major rehabilitation and new construction
Developer entity Mercy Housing Lakefront is the beneficiary of a financing ordinance for Prairie District Apartments. The first project, located on Wabash, includes the gut rehabilitation of a Single Room Occupancy (SRO) building.
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Chicago Department of Housing approves property sale in North Lawndale
The Chicago Department of Housing (DOH) has approved an ordinance to facilitate the sale of a property located at 1251 S Sawyer Ave, along with two vacant parcels at 1214-1232 S Kedzie Ave and 1242-1256 S Kedzie Ave, to the Chicago House & Social Service Agency (CHASSA). The ordinance also allows for the transfer of the Regulatory Agreement and Land Use Restriction Agreement (LURA) to CHASSA.
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City Council approves $2.9 million for Bronzeville housing development
Chicago's City Council has approved an ordinance to allocate $2.9 million in Multi-Family Housing Loan funds for the construction of Legends South A3, a new development in the Bronzeville neighborhood. In addition, $10 million in Tax Increment Financing (TIF) has been sanctioned for the project.
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Senior Suites Apartments receive approval for loan modifications across four locations
Four Senior Suites Apartments locations received approval to modify their mortgage loans following a vote by Chicago’s City Council. The properties are Senior Suites of Hegewisch, Senior Suites of Jefferson Park, Senior Suites of West Humboldt Park, and Senior Suites of South Shore.
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Chicago Housing Commissioner gains new powers under Mayor Johnson's initiative
The Chicago Department of Housing’s (DOH) Commissioner has assumed additional administrative authority following the passage of an ordinance that grants the Commissioner the power to approve the restructuring of certain terms and conditions associated with previously issued City financing for affordable housing developments.
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Chicago secures additional funding for flood remediation
CHICAGO — Mayor Brandon Johnson and the Chicago Department of Housing (DOH) have announced an additional $5 million in funding for the 2024 Flood Assistance Repair Program (FARP). This program is designed to assist homeowners impacted by severe flooding in July 2023. The initiative complements the $172 million FEMA funding already allocated, emphasizing the city's commitment to supporting its residents, particularly those most vulnerable.
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Department of Housing and Chicago Housing Authority fund Cabrini development
As part of the CHA Move Forward Plan, Phase One of the Oak and Larrabee development will be constructed in the near north area known as Cabrini. The seven-story elevator building will feature 78 mixed-income, multi-family rental units.
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Mixed-affordable housing site to be built in Humboldt Park
Up to $8.7 million in multi-family loan funds will soon finance the new construction of a mixed affordable housing site in Humboldt Park. Developed by Hispanic Housing, the new six-story building is planned to provide a total of 40 multi-family housing units for a minimum of 30 years. The units will be at or below 65% of the Area Median Income (AMI) and will be located in Humboldt Park. In total, the project is expected to cost $30 million.
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Humboldt Park church and residence to undergo substantial rehabilitation
The Humboldt Park United Methodist Church (HPUMC) is set to undergo significant rehabilitation. The church building, along with its attached apartment building, will be remodeled through adaptive reuse to create 10 additional apartments. Developed by LUCHA, the unit mix includes eight studios, eight one-bedroom units, three two-bedroom units, and three three-bedroom units.
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Mayor Johnson secures funding for adaptive reuse projects on LaSalle Street
Two adaptive reuse projects on Chicago’s LaSalle Street will receive $70.5 million and $88 million in Tax-Exempt Housing Revenue Bonds, respectively. The first site, located at 208 S. LaSalle, will receive $70.5 million in Tax-Exempt Housing Revenue Bonds. The $122.7 million project features the conversion of approximately 225,000 square feet into 226 residential units, 68 of which will be affordable at 30% of the Area Median Income (AMI). In addition to the use of tax-exempt bonds and the 4% tax credit equity generated from the bonds, it is anticipated that more funding will...