July 2019
Presented affordable housing concept to community
Located in East Pilsen, the 1850 S. Racine Street Redevelopment Project will offer 37 one-, two-, and three-bedroom modern family units. Just blocks from the proposed Paseo Trail, tenants will have easy access to public transportation, on-site tenant storage facilities, and other amenities. Community space in the building will be made available to residents.
Affordable Housing: 37 Units
Zoning B2-3
Retail 1,610 square feet
1 bedrooms, 2 bedrooms, 3 bedrooms
Income level $1-$52,000
Parking Spots: 31
Bike and tenant storage
July 2019
Presented affordable housing concept to community
August 2019
Presented design concept to community
September 2019
Presented community-shaped design based on 2nd community meeting feedback
October 2019
Submitted financing application to the City of Chicago’s Low-Income Housing Tax Credit (LIHTC) program
November 2019
Presented community-shaped concept at the 25th Ward Public Meeting, hosted by Alderman Byron Sigcho-Lopez
November 2019
Granted zoning change by City of Chicago to maximize affordable units
1st Quarter 2020
Pursue energy efficiency certifications through ComEd Affordable Housing New Construction Program & Enterprise Green Communities
1st Quarter of 2021
Construction to begin no sooner than first quarter of 2021