2009-2013
Affordable Housing Ptefe^
Keeping Chicago's neighborhoods affordable.
2013 Third Quarter Progress Report
July-September
City of Chicago BUB Rahm Emanuel, Mayor
,:J:.-|Vj'; j-i ,
LETTER FROM THE COMMISSIONER
We are pleased to submit the 2013 Third 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 third quarter of 2013 the Department has committed $287.1 million to support 6,869 units of affordable housing. This represents 94% of our annual resource allocation goal and 81% of our units assisted goal.
During the third quarter, the Department approved financing for five multifamily development projects and cosponsored a Homebuyer's Fair to market properties rehabbed under the City's Neighborhood Stabilization Program.
Commissioner
Affordable Housing Plan 2009-2013 ^ Quarter ending September 2013
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.
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|910|APPENDICES
Estimates of Production
Commitments and Production Comparison to Plan
Units Accessing Multiple Benefits
Summaries of Multifamily Developments
Senior Suites of Norwood Park
Veterans' New Beginnings
Lake Street Studios
The Kilpatrick Renaissance
Bronzevill...
Click here for full text