Casa Veracruz Preservation Project

The rehab work will vary depending on building and unit. We will prioritize and address the exterior and common areas in most critical disrepair. Similarly, we have walked every unit and identified the items that need repairs most. The repairs and updates will include but are not limited to roof repairs, porch repairs, leaky windows, structural issues, and mechanical system repairs. We are working with the City of Chicago on exact timing and our current target is no earlier than March 2019.

The last time TRP rehabbed most of these properties was over ten years ago. Although we have tried to keep up with the buildings, many of the systems in place need to be replaced. Doing so is important as it allows for TRP to continue to offer quality housing and affordable rates. The purpose of this rehab project is to make the necessary improvements to these 155 units for use by you – our valued residents for many years to come.

Yes, you will need to re-qualify for your unit. This project is funded by HUD HOME, IHDA, and other low-income housing funds targeted for low income families. We are recommitting these units to low-income qualified households with similar financing. The same program rules in your lease are the rules we must follow.

All low-income qualified households will be eligible for a unit within the redevelopment. Our goal is to return every tenant to their current unit. Each household’s specific needs will be addressed. We will work to keep any family who no longer qualifies as low-income within the community.

Your rent will not increase because of this rehab project. The City of Chicago publishes rent limits annually and all of the programs that fund this redevelopment must comply and not exceed those rent limits.

Since federal financial assistance will be provided for the project, you will be protected by a federal law known as the Uniform Relocation Assistance and Real Property Acquisition Policies Act (URA).

We anticipate that the work being done in each tenant unit will take approximately two weeks. Suitable housing will be made available to you and you will be reimbursed for all reasonable out of pocket expenses, including moving costs and any increase in housing costs. You will need to continue to pay your rent and comply with all other lease terms and conditions.

We are committed to making this inconvenience as seamless as possible. Our property managers and main office will be at your disposal throughout this process. We have also contracted Urban Relocation Services who specialize in relocation services and will work with you during this process. For those that no longer qualify for this program, TRP will work with you to find alternative housing in the community.

There are 60 new project based vouchers that will be made available to this project targeting the lowest income units in this redevelopment. Those who qualify will receive a project voucher which may lower your cash rent payment amount.