July 2019
Presented affordable housing concept to community
Click here to view the 2023 Annual Report.
1850 South Racine Development
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
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
