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As the cost of housing rises faster in Logan Square than much of Chicago, construction has begun on a new affordable housing development aimed at keeping longtime residents in place. ....
The two buildings will bring 89 affordable housing units to an area that’s seen the greatest loss in affordable units. Construction is expected to finish by fall 2024. ....
CHICAGO, IL - Chicago-based Evergreen Real Estate Group today announced it has received a 9% Low-Income Housing Tax Credit (LIHTC) award through the Colorado Housing and Finance Authority (CHFA) for the development of Rifle Apartments, a 60-unit income-restricted rental community in Rifle, Colo. Evergreen expects to break ground on the project in early 2024. “Rifle Apartments builds on our current work here in Colorado, and although it took a great deal of time and perseverance to get to. ....