{"id":1664,"date":"2013-01-09T21:05:00","date_gmt":"2013-01-09T21:05:00","guid":{"rendered":"https:\/\/ecbiz132.inmotionhosting.com\/~resurr9\/?p=525"},"modified":"2020-01-08T05:58:33","modified_gmt":"2020-01-08T05:58:33","slug":"first-low-income-senior-housing-in-chicago-neighborhood-breaks-ground","status":"publish","type":"post","link":"https:\/\/resurrectionproject.org\/es\/first-low-income-senior-housing-in-chicago-neighborhood-breaks-ground\/","title":{"rendered":"First Low-Income Senior Housing in Chicago Neighborhood Breaks Ground"},"content":{"rendered":"<p><em>Erika Schnitzer, Associate Editor for Multi-Housing News Online<\/em><br \/>\n<em> Published: April 1, 2009<\/em><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-12191 alignleft\" src=\"https:\/\/resurrectionproject.org\/wp-content\/uploads\/2013\/01\/77076-mcshanecasamaravilla.jpg\" alt=\"\" width=\"200\" height=\"116\" \/>Chicago\u2014McShane Construction Co., based in Rosemont, Ill., recently broke ground on Casa Maravilla, a 73-unit green affordable senior housing community under development by The Resurrection Project, a Chicago-based non-profit affordable housing developer.<br \/>\nLocated in Chicago\u2019s growing Pilsen neighborhood, the five-story, $20 million apartment building is the first low-income housing for seniors in this community. It is located on the same block as Casa Morelos, a seven-story, 45-unit affordable building that is being developed and constructed by the same project team.<!--more--><br \/>\nFinancing for the 70,000-sq.-ft. Casa Maravilla is being provided by the City of Chicago Department of Housing and the Illinois Housing Development Authority in the form of low-income housing tax credits (LIHTC), as well as through a HOME loan from the City of Chicago, and by the Illinois Department of Commerce and Economic Opportunity for the project\u2019s energy efficiency. The Illinois Housing Development Authority is also providing financing through its Trust Fund. The project\u2019s private lender is U.S. Bank, and National Equity Fund Inc. is serving as the tax credit syndicator.<br \/>\nJason Breden, senior project manager at McShane Construction Co, explains that there is a lot of pride in the culture of the Hispanic heritage, which is prevalent in this neighborhood. \u201cThe people there are really excited about the projects we are building because it would help revitalize the community,\u201d he tells MHN.<br \/>\nGuacolda Reyes, deputy director of community development, The Resurrection Project, adds, \u201cMost importantly, given that we will target seniors, it\u2019s right next to a non-profit health clinic that doesn\u2019t ask for legal status, which is very significant for our population and community.\u201d Alivio Medical Center is a bilingual medical facility for low- and middle-income families who are underinsured or uninsured.<br \/>\nCasa Maravilla is registered with the Chicago Green Homes program, which helped to speed up the permitting process and receive some of the financing needed for the project, says Mark T. Tritschler, executive vice president, McShane Construction Co.<br \/>\nThe development will feature a green roof\u2014which, comprising half of the surface, is a big commitment for Chicago, notes Tritschler\u2014geothermal HVAC system, eco-friendly elevator structures, weather-resistant windows, Energy Star appliances and permeable pavement.<br \/>\nDesigned by Weese Langley Weese, a Chicago-based full-service architectural practice, the community will offer studios and one- and two-bedroom units, ranging in size from 700 to 1,100 sq. ft. Monthly rents will range from $350 to $900, including heating and gas. Reyes notes that much of the targeted market for this community do not have access to public housing or Section 8.<br \/>\nCasa Maravilla will include a satellite senior center run by the City of Chicago\u2019s Department of Aging and will feature a community room, therapy room, library and recreation room.<br \/>\nDespite the state of the economy, the team remains optimistic about the project. Reyes notes that Casa Morelos is 80 percent complete and is on target for this summer\u2019s completion. As for Casa Maravilla, Tritschler tells MHN, \u201cIt\u2019s definitely had a positive impact on the owner\u2019s budget, because with the economy down, we\u2019ve had some good pricing on subcontractors, which reflected in pricing for the client, so they already have enjoyed benefits.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Erika Schnitzer, Associate Editor for Multi-Housing News Online Published: April 1, 2009 Chicago\u2014McShane Construction Co., based in Rosemont, Ill., recently broke ground on Casa Maravilla, a 73-unit green affordable senior housing community under development by The Resurrection Project, a Chicago-based non-profit affordable housing developer. Located in Chicago\u2019s growing Pilsen neighborhood, the five-story, $20 million apartment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"class_list":["post-1664","post","type-post","status-publish","format-standard","hentry","category-trp-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v24.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>First Low-Income Senior Housing in Chicago Neighborhood Breaks Ground | The Resurrection Project<\/title>\n<meta name=\"description\" content=\"Erika Schnitzer, Associate Editor for Multi-Housing News Online Published: April 1, 2009 Chicago\u2014McShane Construction Co., based in Rosemont, Ill.,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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