CHICAGO, IL - Interfaith Housing Development Corporation (IHDC), is pleased to announce the completion of its latest housing development, Fifth Avenue Apartments, providing 72 new affordable housing units in the Village of Maywood, a western suburb of Chicago. The development has been made possible thanks to four major financial partners along with an energy efficiency grant from ComEd. These financial partners include the Illinois Housing Development Authority (IHDA), the Cook County Department of Planning and Development, the Richman Group Affordable Housing Corporation, and Bank of America. The Chicago Community Loan Fund also provided pre-development lending prior to construction.
Located at 800 South 5th Avenue, a site purchased from the Village of Maywood in 2019, the apartment development was built at a rapid pace in order to provide much-needed affordable housing support for the Maywood community. The building was designed with offsite prefabricated architectural pr
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