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2013 Second Quarter Progress Report
April-June
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Rahm Emanuel, Mayor
LETTER FROM THE COMMISSIONER
We are pleased to submit the 2013 Second Quarter Progress Report, which presents the Department of Housing and Economic Development's progress on the goals set forth in the City's fourth Affordable Housing Plan covering the years 2009-2013.
Through the second quarter of 2013 the Department has committed nearly $200 million to support 5,300 units of affordable housing. This represents 64% of our annual resource allocation goal and 62% of our units assisted goal.
During the second quarter, the Department approved financing for four multifamily development projects and cosponsored a Housing Resource Fair for homeowners and prospective homebuyers on the Northwest Side.
Once again, we would like to thank our many partners for their continued support and participation. We at HED could not succeed in our work without the perseverance of these neighborhood and business groups, elected officials, state and federal agencies, and other community stakeholders. Through our joint efforts, we continue to progress in our goals to create and preserve affordable housing for the people of Chicago.
Affordable Housing Plan 2009-2013
TABLE OF CONTENTS
INTRODUCTION PAGE
Creation and Preservation of Affordable Rental Units|910|Multi-Family Rehab and New Construction|910|Updates on Previously Reported Developments|910|Promotion and Support of Homeownership|910|Improvement and Preservation of Homes|910|Policy, Legislative Affairs and Other Issues 9
Chicago Low-Income Housing Trust Fund Commitments
Troubled Buildings Initiative (Multi-family)
TIF Neighborhood Improvement Program (Single-family)
Historic Chicago Bungalow Initiative
Neighborhood Lending Program
Neighborhood Stabilization Program Activity
Status of Neighborhood Stabilization Program Properties
Affordable Housing Opportunity Fund
Affordable Requirements Ordinanc...
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