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2014-2018
Chicago Five-Year Housing Plato
2015 Second Quarter Progress Report April-June
City of Chicago Rahm Emanuel, Mayor
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planning & development
LETTER FROM THE COMMISSIONER
We are pleased to submit the 2015 Second Quarter Progress Report, which presents the Department of Planning and Development's progress on the goals set forth in the City's Five-Year Housing Plan 2014-2018. In the first two quarters of 2015 the Department committed over $151 million to support 5,179 units of affordable housing. This represents 60% of our annual resource allocation goal and 63% of our units assisted goal.
With the Second Quarter Report wc are expanding our reporting on accessible housing units produced under the Multi-Family Rehab and New Construction Program. A new table, found on page 18 of the Appendix, provides a project-by-project breakdown on the types of accessible units that will be created in developments approved for funding under this program. In the second quarter the City approved funding for four multi-family developments.
The Department of Planning and Development (DPD) is the lead agency for the City's affordable housing, housing preservation and homebuycr assistance programs. DPD also promotes economic development by helping existing businesses grow and attracting new industry to the city, and it coordinates all of our zoning, land use planning, sustainability and historic preservation initiatives.
We at DPD could not succeed in our work without the ongoing support and cooperation of our valued partners—neighborhood and business groups, elected officials, state and federal agencies, and other community stakeholders. Through these efforts, we will continue to move forward in creating and preserving affordable housing for the people of Chicago.
Andrew J. Mooney Commissioner
Department of Planning and Development
Chicago Housing Plan 2014-2018
TABLE OF CONTENTS
INTRODUCTION
Creation and Preservation of Affordable Rental Units|910|Multi-Family Rehab and New Construction|910|Updates to Previously Reported Developments|910|Promotion and Support of Homeownership|910|Improvement and Preservation of Homes|910|Policy, Legislative Affairs and Other Issues|910|APPENDICES
1.2015 Estimates of Production by Income Level
Commitments and Production Comparison to Plan
Production by Income Level
Summaries of Approved Multi-family Developments
Harvest Homes
Jeffery Towers Apartments
Monrclare Senior Residences SL1-' of Lawndale
City Gardens
Accessible Units in Approved Multi-family Developments
Multi-family Development Closings
Multi-family Loan Commitments
Multi-family TIP Commitments
Low-Income Housing Tax Credit Commitments
10. Illinois Affordable Housing Tax Credit Commitments
1 1. Multi-family Mortgage Revenue Bond Commitments
Multi-family City Land Commitments
Chicago Low-Income Housing Trust Fund Commitments
Troubled Buildings Initiative 1 (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 Ordinance
Density Bonus Commitments
CHA Plan for Transformation Commitments
REFERENCE
Chicago Metropolitan Area Median Incomes
City of Chicago Maximum Affordable Monthly Rents
Chicago Housing Plan 2014-2018
INTRODUCTION
T
his document is the 2015 Second Quarter Progress Report on the Chicago Department of Planning and Development's housing plan, Bouncing Back: Five-Year Housing Plan 2014-2018.
For 2015, DPD has projected commitments of more than $254 million to assist over 8,200 units of housing.
Through the second quarter, the Department has committed over Si51 million in funds to support more than 5,700 units, which represents 63% of the 2015 unit goal and 60% of the 2015 resource allocation goal.
Chicago Housing Plan 2014-2018
CREATION AND PRESERVATION OF AFFORDABLE RENTAL UNITS
In 2015 the Department of Planning and Development expects to commit over $206 million to support more than 5,600 units of affordable rental housing using loans for new construction or rehab along with rental subsidies.
Through the second quarter, DPD has committed almost $134 million in resources to support over 4,200 units. These totals represent 75% of the 2015 multi-family unit goal and 65% of the multi-family resource allocation goal.
Multi-family Rehab and New Construction Harvest Homes
On April 15 the City Council approved a financial package to support construction of a $12.6 million affordable rental development in the East Garfield Park community. Harvest Homes will consist of 36 two- to four-bedroom apartments in four 3-story buildings for families with household incomes between 30% and 60% of area median income. .Eighteen of the units will be handicapped-accessible.
The City will provide $1 million in TIF funds and $1.2 million in Low Income Housing Tax Credits generating $10.7 million in equity' for the project. Other funding sources include a $144,000 energy grant from the Illinois Department of Commerce and Economic Opportunity and a $97,000 grant from the Federal Home Loan Bank. The developer is Harvest Homes Apartments LP, a partnership between People's Community Development Association of Chicago and The NHP Foundation.
Ha west Homes will provide 36 affordable rental apartments in four walk-up buildings to be constructed at 3512-46 W. Fifih Avenue in the 28th Ward.
Quarter ending June 2015
Jeffery Towers Apartments
Also on April 15 the Council approved the $17.2 million restoration of a vintage apartment complex in South Shore. Rehabilitation of the 135-unit Jeffery Towers Apartments will be supported with $11.5 million in Housing Revenue Bonds and $606,000 in Low Income Housing Tax Credits generating $6.1 million in equity for the project.
The renovations by Interfaith Housing Development Corporation will feature a new boiler, mechanical systems and elevators; extensive repairs to the masonry facades of the building; and replacement of bathroom and kitchen fixtures in the apartment units. Accessibility improvements will include the renovation of 5% of the apartments into fully accessible units, a new exterior ramp from grade to building entry level and an interior ramp to the first-floor elevator landing.
Chicago Housing Plan 2009-2013|99|Quarter ending June 2015 »|
All units in the seven-story building will be made affordable to households living below 60 percent of AMI. A $500,000 allocation by the Chicago Low Income Housing Trust Fund will reduce rents on six of the units to supporttenants at less than 30 percent of AMI.
Montclare Senior Residences SLF of Lawndale
Construction of a $27.6 million supportive living facility for seniors in the 24th Ward will move forward as a result of a financial package approved by the City Council on June 17. Montclare Senior Residences SLF of Lawndale will receive a $3 million Multi-family Loan, $2 million in TIF funds and $1.1 million in Low Income Housing Tax Credits that will generate $10.2 million in equity for the project.
The 120-unit project, to be developed by MR Properties LLC, will serve residents living below 60 percent of AMI. The L-shaped building will house a mix of studios and one-bedroom units, as well as activity rooms, library, wellness center, laundry room, beauty shop, outdoor patio, landscaped courtyard with walking paths and on-site parking. Residents will receive assistance with personal care and daily living activities, including housekeeping, meals, recreational programming and health/wellness services.
The facility will be constructed on two parcels of City-owned vacant land, valued at $220,000, which will be conveyed to the developer for $1. Additional funding sources include a $12.2 million HUD loan and a $191,000 state grant.
Construction of this five-story residential building at 4339-47 W. 18th Place will provide much-needed affordable housing and supportive services for Lawndale seniors.
Chicago Housing Plan 2014-2018
City Gardens
Also on June 17 the Council approved a $28.4 million, mixed-income rental project at the site of the former Maplcwood Courts public housing development on the Near West Side. City Gardens, to be developed by Maple Jack LLC (a partnership of Brinshore Holding LLC and Michaels Chicago Holding Company LLC), will house 76 apartments in seven 3-story walk-up buildings, including 25 units reserved for Chicago Housing Authority residents.
City assistance will consist of $3.2 million in TIF funds and $1.7 million in Low Income Housing Tax Credits generating $16.5 million in equity for the project. Other funding sources include a $7.3 million loan from the CHA and a private mortgage loan.
The campus-style complex will be anchored by a 3,100-square-foot community center surrounded by a garden, children's play area, picnic area, open green space, recycling center and onsite parking. Part of the CHA's Plan for Transformation, City Gardens represents the third phase in the redevelopment of the former Rockwell Gardens public housing complex. Updates on Previously Reported Developments
Chicago Housing Plan 2014-2018
Updates on Previously Reported Developments
Town Hall Senior Apartments Honored for Preservation Excellence
On June 19 a 79-unit, City-funded affordable housing development for seniors in Lakeview was one of twelve historic preservation projects honored with a 2015 Preservation Excellence award by the Commission on Chicago Landmarks. The $27 million Town Hall Senior Apartments, located at the northwest corner of Halsted and Addison Streets in the 44th Ward, combines a repurposed historic police station with a new six-story apartment building constructed on adjacent land.
Restoration work on the former Town Hall Police Station included brick and limestone repairs, tuck-pointing, cornice repair and removal of non-historic window awnings. The new building, which was designed to appear as a separate structure from the police station, is set back from the street, allowing the finished wall and cornice return of the original building to be left exposed.
Constructed in 1907, the two-story station was in active use until 2010, when it was replaced by a larger, modern facility nearby. The building was designated as a Chicago Landmark in 2013.
City support for the project, which was approved by the City Council in March 2013, included a $5 million loan along with $15 million in Low Income Housing Tax Credits and $1.5 million in Donations Tax Credits, enabled by the sale of the former station and adjacent 27,000 square feet of land for $1.
Chicago Housing Plan 2014-2018
PROMOTION AND SUPPORT OF HOMEOWNERSHIP
In 2015 the Department of Planning and Development expects to commit over $33 million to help almost 500 households achieve or sustain homeownership.
Through the second quarter, DPD has committed more than $12 million to support 180 units. These totals represent 37% of the annual homeownership resource allocation goal and 38% of the annual unit goal.
IMPROVEMENT AND PRESERVATION OF HOMES
In 2015 the Department of Planning and Development expects to commit nearly $15 million to assist more than 2,100 households repair, modify or improve their homes.
Through the second quarter, DPD has committed more than $5 million to support 759 units. These totals represent 37% of the annual improvement and pteservation resource allocation goal and 36% of the annual unit goal.
On June 3, DPD's Large Lots Program was honored with a 2015 Vision Award by the Urban Land Lnstitute—Chicago. The pioneering program, launched in 2014, has already enabled the transfer of some 500 City-owned vacant lots to homeowners and community groups in Englewood, Woodlawn and East Carfield Park for Si each.
Chicago Housing Plan 2014-2018
|1010|POLICY, LEGISLATIVE AFFAIRS AND OTHER ISSUES
Rental Housing Support Program Upheld by Illinois Supreme Court
A May 21 decision by the Illinois Supreme Court has upheld a 2005 law that authorizes state funding for low-income rental subsidies through a surcharge on real estate recordings. The Illinois Rental Housing Support Program Act (RHSP) generates approximately $19 million annually to create affordable housing opportunities for households living below 30% of area median income (currently $24,250 for a family of four in Chicago).
The surcharge's constitutionality had been challenged under a lawsuit filed in Lake County in 2011. When the law was struck down in September 2013, all monies collected under RHSP were placed in escrow, including funds earmarked for Chicago. During the subsequent appeal process, the Chicago Low-Income Housing Trust Fund collaborated with eleven non-profit and government agencies to submit an amicus brief in support of the legislation. Their efforts were rewarded when a unanimous Supreme Court overturned the lower court's decision (although the City's recovery of the escrowed funds will require action by the General Assembly).
By formula, approximately 43% of RHSP collections ($8 million annually) are directed to the City of Chicago, to be administered by the Chicago Low-Income Housing Trust Fund. The Trust Fund puts these dollars to work through two programs:
Rental Subsidy Program maintains agreements with nearly 600 rental properties across the city, assisting more than 2,800 households. Approximately half of these units are funded through RHSP. Landlords accepted into the program receive one-year, renewable agreements.
MAUI (Multi-year Affordability through Upfront Investment) enables the long-term affordabiliry of units for 15 to 30 years by providing no-interest, forgivable loans to reduce mortgage costs or establishing an operating reserve fund for rental subsidies. RHSP funds have created an additional 368 units of affordable rental housing in Chicago under MAUL
Chicago Flousing Plan 2014-2018
Neighborhood Stabilization Program Update
Although the City has expended the last remaining funds out of a total of $169 million in NSP grants awarded to Chicago by HUD since 2009, we will continue to report on NSP activity during 2015 until all buildings have been completed.
Through the end of the second quarter, a total of 860 units in 195 properties have been acquired using funds from Chicago's three NSP grants. Construction has started on 812 units in 169 properties; 803 units (165 properties) have been finished or are nearing completion. One hundted sixty-nine units (121 properties) have been sold to qualified homebuyers, and 42 multi-family properties containing 607 units have been fully tented out. A list of all properties that have been assisted through NSP can be found in the Appendix. An updated version of this list is available at .
Chicago Housing Plan 2014-2018
APPENDICES
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Appendices - 7
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Appendices - 8
City of Chicago Department of Planning and Development
Summaries of Approved Multifamily Developments Second Quarter 2015
Harvest Homes
Harvest Homes Apartments LP 3412-46 W. Fifth Avenue
Jeffery Towers Apartments
Interfaith Housing Development Corporation 7020 S. Jeffery Boulevard
Montclare Senior Residences SLF of Lawndale
Montclare Senior Residences SLF of Lawndale LLC 4339-47 W. 18th Place
City Gardens
Maple Jack LLC 320-30 S. Maplewood Avenue
Appendices - 9
City of Chicago Department of Planning and Development Second Quarter 2015
Project Summary: Harvest Homes
BORROWER/DEVELOPER: Harvest Homes Apartments LP
FOR PROFIT/NOT-FOR-PROFIT: Non-Profit
PROJECT NAME AND ADDRESS: Harvest Homes
3512-46 W. Fifth Avenue
WARD AND ALDERMAN: 28th Ward
Alderman Jason C. Ervin
COMMUNITY AREA: East Garfield Park
CITY COUNCIL APPROVAL: April 15,2015
PROJECT DESCRIPTION: New construction of 36 affordable, multi-family rental units,
located in four 3-story walk-up buildings on adjoining lots in the East Garfield Park community. The development will offer two-to four-bedroom apartments targeted at families with household incomes between 30% and 60% of AMI. Eighteen units will be handicapped-accessible.
LIHTCs: $1,173,794 in 9% credits generating $10,749,603 inequity
TIF Funds: $1,039,544
Appendices - 10
Project Summary: Harvest Homes Page 2
UNIT MIX / RENTS
Type Number Rent* Income Levels Served
2 bedroom / 1 bath|99|$346 30% AMI
2 bedroom / 1 bath 9 $656 50% AMI
3 bedroom / 1 bath|99|$399 30% AMI
3 bedroom / 1 bath|99|$817 60% AMI
3 bedroom / 1 bath 10 $935 60% AMI
4 bedroom / 2 bath|99|$1,029 60% AMI
TOTAL 36
* Tenant pays for gas heat, gas cooking and electric.
DEVELOPMENT COSTS
Category Amount Per Unit % of Project
Acquisition $ 120,000 $ 3,333 1 0%
Construction $ 9,605,423 $ 266,817 76.0%
Developer Fee $ 835,000 $ 23,194 6.6%
Other Soft Costs $ 2,070,556 $ 57,515 16.4%
TOTAL $ 12,630,979 $350,861 100%
PROJECT FINANCING
Source Amount Rate Per Unit % of Project
LIHTC Equity $ 10,749,603 $ 298,600 85.1%
TIF Funds $ 1,039,544 $ 28,876 8.2%
DCEO Energy Grant $ 144,000 $ 4,000 1.1%
FHLB AHP Funds- $ . 97,732 $ 2,715 0 8%
Private Funds $ 600,100 $ 16,669 4.8%
TOTAL S 12,630,979 $ 350,861 100%
Appendices -11
City of Chicago Department of Planning and Development Second Quarter 2015
Project Summary: Jeffery Towers Apartments
BORROWER/DEVELOPER: FOR PROFIT/NOT-FOR-PROFIT: PROJECT NAME AND ADDRESS:
WARD AND ALDERMAN:
COMMUNITY AREA:
CITY COUNCIL APPROV AL:
PROJECT DESCRIPTION:
Tax-Exempt Bonds:
LIHTCs:
MAUI:
Interfaith Housing Development, LLP Non-Profit
Jeffery Towers Apartments 7020 S. Jeffery Boulevard
5th Ward
Alderman Leslie Hairston South Shore April 15, 2015
Restoration of a 135-unit vintage apartment complex in South Shore. The rehab work will include a new boiler, mechanical systems and elevators; extensive repairs to the masonry facades of the building, and replacement of bathroom and kitchen fixtures in the apartment units All units in the seven-story building will be affordable to households living below 60% of AMI, including six units for tenants below 30% of AMI.
$11,500,000 (including $6,500,000 in permanent financing)
$605,566 in 4% credits generating $6,055,655 in equity
$500,000 (2014 allocation)
Appendices - 12
Project Summary: Jeffery Towers Apartments Page 2
UNIT MIX/RENTS
Type Number Rent Income Levels Served
Studio (MAUI units)|99|$380 30% AMI
Studio (CHA units) 10 $633* 50% AMI
Studio 41 $633 50% AMI
1 bedroom / 1 bath (MAUI units)|99|$407 30% AMI
1 bedroom / 1 bath (CHA units) 33 $815* 60% AMI
1 bedroom / 1 bath 45 $815 60% AMI
TOTAL 135
* Tenants pay 30% of their income, with remainder of rent covered by CHA project-based vouchers
DEVELOPMENT COSTS
Category Amount Per Unit % of Project
Acquisition $ 3,412,244 $ 25,276 19.9%
Construction $ 9,418,768 $ 69,769 54.9%
Developer Fee $ 300,000 $ 2.222 1.7%
Deferred Developer Fee $ 1,450,000 $ 10,741 15.1%
Soft Costs $ 2,589,173 $ 19,179 8.4%
TOTAL $ 17,170,185 $ 127,187 100%
PROJECT FINANCING
Source Amount Rate Per Unit % of Project
Bonds $ 6,500,000 5.05% (est.) $ 48,148 37.9%
LIHTC Equity $ 6,055,655 $ 44,857 35.2%
MAUI $ 500,000 $ 3,704 2.9%
FHLB $ 1,000,000 $ 7,407 5.8%
Additional Private Loan $ 1,500,000 0% $ 11,111 8.7%
Other Sources $ 1,614,530 $ 11,959 9.4%
TOTAL $ 17,170,185 $ 127,187 100%
Appendices - 13
City of Chicago Department of Planning and Development Second Quarter 2015
Project Summary: Montclare Senior Residences SLF of Lawndale
BORROWER/DEVELOPER: MR Properties LLC
FOR PROlll/NOT-FOR-PROFIT: For-Profit
PROJECT NAME AND ADDRESS: Montclare Senior Residences SLF of Lawndale
4339-47 W 18th Place
WARD AND ALDERMAN: 24th Ward
Alderman Michael Chandler
COMMUNITY AREA: Lawndale
CITY COUNCIL APPROVAL: June 17,2015
PROJECT DESCRIPTION: New construction of a five-story, 120-unit supportive living
facility for seniors. The complex will house a mix of studios and one-bedroom units, as well as activity rooms, library, wellness center, laundry room, beauty shop, outdoor patio, landscaped courtyard with walking paths and on-site parking. Supportive services will include housekeeping, meals, recreational programming and health/wellness services
LIHTCs: $1,100,000 in 9% credits generating $10,210,979 in equity
MF Loan: $3,005,132
TIF Funds: $2,000,000
City Land Write-down: $220,000
Appendices - 14
Project Summary: Montclare Senior Residences SLF of Lawndale Page 2
UNIT MIX / RENTS
Type Number Rent Income Levels Served
Studio 11 $302 30% AMI
Studio 80 $302 60% AMI
Studio 10 $667 Unrestricted
1 bedroom|99|$667 30% AMI
1 bedroom 15 $667 60% AMI
1 bedroom|99|$667 Unrestricted
TOTAL 120
DEV ELOPMENT COSTS
Category Amount Per Unit % of Project
Acquisition & Construction $20,172,962 $ 168,108 73.1%
Reserves $ 3,499,202 $ 29,160 12.7%
Developer Fee $ 990,000 $ 8,250 3.6%
Other Soft Costs $ 2,944,883 $ 24,541 10.7%
TOTAL $ 27,607,047 $ 230,059 100%
PROJECT FINANCING
Source Amount Rate Per Unit % of Project
LIHTC Equity $10,210,979 $ 85,091 37.0%
MF Loan $ 3,005,132 $ 25,043 10.9%
TIF Funds $ 2,000,000 $ 16,667 7 2%
FHA Section 232 Loan $12,200,000 $ 101,667 44 2%
DCEO Grant $ 190,936 $ 1,591 0.7%
TOTAL S 27,607,047 $ 230,059 100%
Appendices - 15
City of Chicago Department of Planning and Development Second Quarter 2015
Project Summary: City Gardens
BORROWER/DEVELOPER: Maple Jack LLC
FOR PROFIT/NOT-FOR-PROFIT: For-Profit
PROJECT NAME AND ADDRESS: City Gardens
320-30 S. Maplewood Avenue
WARD AND ALDERMAN: 27th Ward
Alderman Walter Burnett, Jr.
COMMUNITY AREA: Near West Side
CITY COUNCIL APPROVAL: June 17,2015
PROJECT DESCRIPTION: Redevelopment of the former Maplewood Courts public housing
site through construction of 76 mixed-income rental apartments on the Near West Side The project will contain 25 CHA replacement units, 30 additional affordable units and 21 market-rate units in seven 3-story walk-up buildings. The campus-style complex will be anchored by a 3,100-square-foot community center surrounded by a garden, children's play area, picnic area, open green space, recycling center and onsitc parking.
LIHTCs: $1,700,000 in 9% credits generating $16,488,351 in equity
TIF Funds: $3,150,000
Appendices -16
Project Summary: City Gardens Page 2
UNIT MIX / RENTS
Type Number Rent Income Levels Served
1 bedroom /1 bath*|99|$375 30% AMI
1 bedroom / 1 bath|99|$565 50% AMI
1 bedroom /1 bath|99|$682 60% AMI
1 bedroom / 1 bath|99|$795 Market Rate
2 bedroom / 1 bath* 12 $375 30% AMI
2 bedroom /1 bath|99|$680 50% AMI
2 bedroom / 1 bath 11 $820 60% AMI
2 bedroom / 1 bath 10 $975 Market Rate
3 bedroom / 2 bath*|99|$375 30% AMI
3 bedroom / 2 bath|99|$785 50% AMI
3 bedroom / 2 bath|99|$948 60% AMI
3 bedroom / 2 bath|99|$1,150 Market Rate
4 bedroom / 2 bath*|99|$375 30% AMI
TOTAL 76
* CHA replacement units
DEVELOPMENT COSTS
Category Amount Per Unit % of Project
Construction $ 21,803,600 $ 266,889 76.8%
Contingency $ 912,000 $ 12,000 ¦ 3.2%
Developer Fee $ 1,698,288 $ 22,346 6.0%
Other Soft Costs $ 3,989,852 $ 52,498 14.0%
TOTAL $ 28,403,740 $ 373,733 100%
PROJECT FINANCING
Source Amount Rate Per Unit % of Project
LIHTC Equity $16,488,351 $216,952 58.0%
TIF Funds $ 3,150,000 $ 41,447 11 1%
CHA HOPE VI Loan $ 7,275,000 $ 95,724 25.6%
Private Mortgage Loan $ 1,150,000 $ 15,132 4.0%
Other Sources $ 340,389 $ 4,478 1.2%
TOTAL S 28,403,740 S 373,733 100%
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Tax Credit Allocation $ 1,666,790 S 1,173,794 $ 1,100,000 $ 1,700,000 S 605,566 S 1,140,003 TOTAL
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Project Address 5001 S. Lawndale Ave. 3512-46 W. Fifth Ave. 4339-47 W. 18th PI. 320-30 S. Maplewood Ave. 7020 S. Jeffery Blvd. 1045 N. Sacramento Blvd.
Developer Brinshore Development LLC Harvest Homes Apartments LP MR Properties LLC Maple Jack LLC Interfaith Housing Development LLP Hispanic Housing Development Corp.
Development Name Park Place Family Apartments Harvest Homes Montclare SLF of Lawndale City Gardens Jeffery Towers Apartments 65th Infantry Regiment Veteran's Housing
Quarter Approved "55 2nd 2nd 2nd 2nd
DPD 9% CREDITS DPD 4% CREDITS IHDA 9% CREDITS
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Community Area South Chicago 1 I South Shore 1 South Chicago 1 I Calumet Heiqhts I 1 South Shore 1 1 South Shore 1 | South Shore 1 1 South Shore 1 South Shore 1 1 South Shore 1 1 South Shore 1 1 South Shore 1 1 South Shore 1 1 South Shore 1 1 South Chicago 1 1 South Shore 1 1 South Shore 1 Greater Grand Crossinq I South Shore I Woodlawn 1 Greater Grand Crossing South Chicaqo | Chatham | | Avalon Park 1 1 Avalon Park I 1 Chatham 1 I South Shore J I Chatham I I Chatham I I Calumet Heights I I Chatham I Greater Grand CrossinqI Chatham I1 South Chicago 1Greater Grand Crossinq
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Appendices - 44
Department of Planning and Development TROUBLED BUILDINGS INITIATIVE I (Multi-family) January 1 - June 30, 2015
Quarter First Counted Primary Address # of Units TBI Status Ward Community Area
2015,1 1454-56 N LUNA/5535-37 W LEMOYNE|99|Recovered 37 Austin
2015,1 7646-56 S ESSEX AVE / 2448 E 77TH STREET 32 Stabilized|99|South Shore
2015,1 7800-10 S PHILLIPS AVE/2413-21 E 78TH ST 34 Stabilized|99|South Shore
2015,1 211-15 N CENTRAL 40 Recovered 28 Austin
2015,1 4828-30 W ADAMS|99|Under Receivership 28 Austin
2015,1 6445-47 S SAINT LAWRENCE AVE|99|Under Receivership 20 Woodlawn
2015,1 3542-48 W POLK ST 12 Under Receivership 24 East Garfield Park
2015,1 4614-24 S VINCENNES AVE/444-448 E 46th PI 24 Recovered|99|Grand Boulevard
2015,1 1 528 S Lawndale Avenue|99|In Court 24 North Lawndale
2015,1 4542-44 S. INDIANA AVE|99|In Court|99|Grand Boulevard
2015,1 437-39 W MARQUETTE RD|99|Stabilized|99|Englewood
2015,1 2954-60 N Pulaski 16 In Court 30 Avondale
2015,1 6400 S FRANCISCO/2901-1 1 W 64TH ST|99|In Court 15 Chicago Lawn
2015,1 1630-1632 S Sawyer 11 Under Receivership 24 North Lawndale
2015,1 61 54-58 S Rockwell St|99|Stabilized -15 Chicago Lawn
2015,1 936-42 E. 80th ST. 12 Stabilized|99|Chatham
2015,1 1864-66 S. Hamlin|99|In Court 24 North Lawndale
2015,1 1525-27 E. 65th Street|99|Stabilized 20 Woodlawn
2015,1 2815-23 E. 80th ST|99|In Court|99|South Chicago
2015,1 ¦ 308-310 W 80th ST/7954-58 S Princeton|99|Recovered 17 Chatham
2015,1 21 40-50 W. Devon Avenue 24 In Court 50 Rogers Park
2015,1 5433-35 S INDIANA AVE|99|Under Receivership 20 Washington Park
2015,1 7530-32 S Stewart|99|In Court 17 Greater Grand
2015,1 216 N. Pine|99|Under Receivership 28 Austin
2015,1 3611 W. Wolfram|99|In Court 35 Avondale
2015,1 107-1 13 N. Laramie 26 Recovered 28 Austin
2015,1 7200 S Woodlawn / 1147-55 E 72nd Street 12 In Court|99|Greater Grand Crossing
2015,1 1302-08 W. 103rd Street|99|Stabilized 21 Washington Heights
2015,1 7927-29 S. Ellis Avenue|99|Stabilized|99|Chatham
2015,1 952 N NOBLE ST|99|Recovered 27 West Town
2015,1 3700 S. Wood Street|99|In Court 11 McKinley Park
2015,1 7550-58 S. Essex 32 In Court|99|South Shore
2015,1 6043-45 S Dr. Martin Luther King, Jr., Drive|99|Rehab In Process 20 Woodlawn
2015,1 216 N Central|99|Under Receivership 29 Austin
Appendices - 45
Department of Planning and Development TROUBLED BUILDINGS INITIATIVE I (Multi-family) January 1 - June 30, 2015
Quarter First Counted Primary Address # of Units TBI Status Ward Community Area
2015,1 6221 S. ST. LAWRENCE AVE.|99|Under Receivership 20 Woodlawn
2015,1 8246-48 S Racine|99|Under Receivership 18 Auburn Gresham
2015,1 6042-44 S MICHIGAN AVE|99|In Court 20 Washington Park
2015,1 4840 N SHERIDAN|99|Under Receivership 46 Uptown
2015,1 51 9 S. Lavergne|99|In Court 24 Austin
2015,1 1428 N. Lockwood|99|Under Receivership 37 Austin
2015,1 6151 S. Champlain Ave.|99|Stabilized 20 Woodlawn
2015,1 6432 S Eberhart Ave.|99|Under Receivership 20 Woodlawn
2015,1 81 1 9-25 S Cottage Grove Ave 19 In Court|99|Chatham
2015,1 515 E 46TH PLACE|99|Under Receivership|99|Grand Boulevard
2015,1 751 8 N RIDGE|99|Under Receivership 49 West Ridge
2015,1 6506 S SAINT LAWRENCE AVE|99|In Court 20 Woodlawn
2015,1 911 8-24 S. Dauphin Avenue 24 In Court|99|Chatham
2015,1 1909S. SPAULDING|99|Recovered 24 Austin
2015,1 6219-21 S. Rhodes Ave.|99|Under Receivership 20 Woodlawn
2015,1 431 CENTRAL PARK|99|Under Receivership 27 Humboldt Park
2015,1 5808 S MICHIGAN AVE|99|In Court 20 Washington Park
2015,1 724 N. Trumbull|99|Under Receivership 27 Humboldt Park
2015,1 413 E. 60th Street|99|Under Receivership 20 Woodlawn
2015,1 8053-61 S Cottage Grove Ave / 800-04 E 81st St 16 Under Receivership|99|Chatham
2015,1 3144-50 S PRAIRIE|99|Under Receivership|99|Douglas
2015,1 61 20 S SAINT LAWRENCE AVE|99|Under Receivership 20 Woodlawn
2015,1 6400-04 S EBERHART AVE|99|Stabilized 20 Woodlawn
2015,1 085U-04 b Lampbell/25U2 VV oyth c* 9 Under Receivership 13 Chicago Lawn
2015,1 8045-47 S Maryland Ave|99|Under Receivership|99|Chatham
2015,1 1 350 W 98th PL / 981 7-25 S Loomis 10 Stabilized 21 Washington Heights
2015,1 61 28 S EBERHART AVE|99|Under Receivership 20 Woodlawn
2015,1 7700 S Carpenter 9 Under Receivership 17 Auburn Gresham
2015,1 1445 W WALTON|99|Stabilized 27 West Town
2015,1 632-38 E. 61st Street|99|Stabilized 20 Woodlawn
2015,1 5910-12 S DR MARTIN LUTHER KING DRIVE|99|Under Receivership 20 Washington Park
2015,1 41 57 Adams|99|In Court 28 West Garfield Park
2015,1 4006 S WESTERN AVE Under Receivership 12 Brighton Park
2015,1 581 1 S. Michigan|99|Under Receivership 20 Washington Park
2015,1 5051 Chicago|99|Under Receivership 28 Austin
2015,1 3263 Fulton|99|In Court 28 East Garfield Park
2015,1 1048 W 72nd Street|99|Under Receivership 17 Englewood
2015,1 2859 W 25th Place|99|Under Receivership 12 South Lawndale
Appendices - 46
Department of Planning and Development TROUBLED BUILDINGS INITIATIVE I (Multi-family) January 1 - June 30, 2015
Quarter First Counted Primary Address # of Units TBI Status Ward Community Area
2015,1 5751-59 S MICHIGAN AVE 28 Under Receivership 20 Washington Park
2015,1 5801-05 S MICHIGAN AVE 24 Under Receivership 20 Washington Park
2015,1 5001 S Throop ST 9 In Court|99|New City
2015,1 2440-52 E 75th St / 7445-47 S Phillips Ave 19 Under Receivership|99|South Shore
2015,1 7642-44 S Essex Ave|99|Under Receivership|99|
2015,1 4010 Jackson|99|Under Receivership 28 Austin
2015,1 6504 S ST LAWRENCE AVE|99|Under Receivership 20 Woodlawn
2015,1 7020 S JEFFERY BLVD 130 In Court|99|South Shore
2015,1 7010-7012 S Morgan|99|Recovered 17 Auburn Gresham
2015,1 801 5-1 7 S Ellis Ave|99|Under Receivership|99|Chatham
2015,1 6620 S SAINT LAWRENCE AVE|99|Under Receivership 20 Woodlawn
2015,1 5502 Congress/414-418 Lotus 1 7 Under Receivership 29 Austin
2015,1 4134 Wilcox 20 Under Receivership 28 West Garfield Park
2015,1 7655 S Carpenter/1024 W 77th St 10 Under Receivership 17 Auburn Gresham
2015,1 6359 S Bishop/1418-20 W 64th ST|99|Under Receivership 16 West Englewood
2015,1 7331 S Dorchester Ave .3 Under Receivership|99|South Shore
2015,1 4800 S Winchester Ave|99|Under Receivership 16 New City
2015,1 1719-21 WBryn Mawr|99|Under Receivership 40 Edgewater
2015,1 5938-40 S. Prairie|99|In Court 20 Washington Park
2015,2 1054-60 W GRANVILLE AVE/6207-09 N. WINTHROP 27 Recovered 48 Edgewater
2015,2 7646-56 S ESSEX AVE / 2448 E 77TH STREET 32 Stabilized|99|South Shore
2015,2 7800-10 S PHILLIPS AVE/241 3-21 E 78TH ST 34 Stabilized|99|South Shore
2015,2 4828-30 W ADAMS|99|Under Receivership 28 Austin
2015,2 3828-30 W Adams|99|Recovered 28 West Garfield Park
2015,2 6857-59 S DR MARTIN L KING JR DR / 400-1 6 E. 69th ST|99|Recovered 20 Greater Grand Crossing
2015,2 6445-47 S SAINT LAWRENCE AVE|99|Under Receivership 20 Woodlawn
2015,2 3542-48 W POLK ST 12 Under Receivership 24 East Garfield Park
2015,2 461 4-24 S VINCENNES AVE/444-448 E 46th PI 24 Recovered|99|Grand Boulevard
2015,2 437-39 W MARQUETTE RD|99|Stabilized|99|Englewood
2015,2 2954-60 N Pulaski 16 In Court 30 Avondale
2015,2 6400 S FRANCISCO/2901-1 1 W 64TH ST|99|In Court 15 Chicago Lawn
2015,2 1630-1632 S Sawyer 11 Under Receivership 24 North Lawndale
2015,2 6154-58 S Rockwell St|99|Stabilized 15 Chicago Lawn
2015,2 936-42 E. 80th ST. 12 Stabilized|99|Chatham
2015,2 1864-66 S. Hamlin|99|In Court 24 North Lawndale
Appendices - 47
Department of Planning and Development TROUBLED BUILDINGS INITIATIVE I (Multi-family) January 1 - June 30, 2015
Quarter First Counted Primary Address # of Units TBI Status Ward Community Area
2015,2 109-11 S. Kilpatrick/4655-57 W. Monroe 12 Rehab In Process 28 Austin
2015,2 8100-06 S Throop St 16 Stabilized 18 Auburn Gresham
2015,2 2815-23 E. 80th ST|99|Stabilized|99|South Chicago
2015,2 5433-35 S INDIANA AVE|99|Under Receivership 20 Washington Park
2015,2 7530-32 S Stewart|99|In Court 17 ureaTer c?rana
2015,2 216 N. Pine|99|Under Receivership 28 Austin
2015,2 3611 W. Wolfram|99|In Court 35 Avondale
2015,2 107-1 13 N. Laramie 26 Recovered 28 Austin
2015,2 7200 S Woodlawn / 1 147-55 E 72nd Street 12 In Court|99|Greater Grand Crossing
2015,2 7927-29 S. Ellis Avenue|99|Stabilized|99|Chatham
2015,2 952 N NOBLE ST|99|Recovered 27 West Town
2015,2 7550-58 S. Essex 32 In Court|99|South Shore
2015,2 6043-45 S Dr. Martin Luther King, Jr., Drive|99|Rehab In Process 20 Woodlawn
2015,2 216 N Central|99|In Court 29 Austin
2015,2 6221 S. ST. LAWRENCE AVE.|99|Under Receivership 20 Woodlawn
2015,2 8246-48 S Racine|99|Under Receivership 18 Auburn Gresham
2015,2 341 2-20 W IRVING PARK 16 Recovered 33 Irving Park
2015,2 6042-44 S MICHIGAN AVE|99|In Court 20 Washington Park
2015,2 4840 N SHERIDAN|99|In Court 46 Uptown
2015,2 51 9 S. Lavergne|99|In Court 24 Austin
2015,2 1428 N. Lockwood|99|In Court 37 Austin
2015,2 6432 S Eberhart Ave.|99|Under Receivership 20 Woodlawn
2015,2 242 N. Mason|99|In Court 29 Austin
2015,2 515 E 46TH PLACE|99|Under Receivership|99|Grand Boulevard
2015,2 7518 N RIDGE|99|In Court 49 West Ridge
2015,2 7159 S. Wabash Ave.|99|In Court|99|ureaTer orana
2015,2 6224 S SAINT LAWRENCE AVE|99|Stabilized 20 Woodlawn
2015,2 6506 S SAINT LAWRENCE AVE|99|In Court 20 Woodlawn
2015,2 3357 CHICAGO|99|In Court 27 Humboldt Park
2015,2 6219-21 S. Rhodes Ave.|99|Under Receivership 20 Woodlawn
2015,2 431 CENTRAL PARK|99|In Court 27 Humboldt Park
2015,2 724 N. Trumbull|99|In Court 27 Humboldt Park
2015,2 41 3 E. 60th Street|99|Under Receivership 20 Woodlawn
2015,2 8053-61 S Cottage Grove Ave / 800-04 E 81st St 16 Under Receivership|99|Chatham
2015,2 31 44-50 S PRAIRIE|99|Under Receivership|99|Douglas
2015,2 61 20 S SAINT LAWRENCE AVE|99|Under Receivership 20 Woodlawn
2015,2 oBbU-b4 1 Lampbell/^oU^ VV oyth 9 Under Receivership 13 Chicago Lawn
Appendices - 48
Department of Planning and Development TROUBLED BUILDINGS INITIATIVE I (Multi-family) January 1 - June 30, 2015
Quarter First Counted Primary Address # of Units TBI Status Ward Community Area
2015,2 8045-47 S Maryland Ave|99|In Court|99|Chatham
2015,2 1 350 W 98th PL / 981 7-25 S Loomis 10 Stabilized 21 Washington Heights
2015,2 6128 S EBERHART AVE|99|Under Receivership 20 Woodlawn
2015,2 7700 S Carpenter 9 In Court 17 Auburn Gresham
2015,2 632-38 E. 61st Street|99|Stabilized 20 Woodlawn
2015,2 5910-12 S DR MARTIN LUTHER KING DRIVE|99|Under Receivership 20 Washington Park
2015,2 4006 S WESTERN AVE Under Receivership 12 Brighton Park
2015,2 581 1 S. Michigan|99|Under Receivership 20 Washington Park
2015,2 5051 Chicago|99|Under Receivership 28 Austin
2015,2 3263 Fulton|99|In Court 28 East Garfield Park
2015,2 1048 W 72nd Street|99|Under Receivership 17 Englewood
2015,2 2859 W 25th Place|99|Under Receivership 12 South Lawndale
2015,2 5751-59 S MICHIGAN AVE 28 Under Receivership 20 Washington Park
2015,2 5801-05 S MICHIGAN AVE 24 Under Receivership 20 Washington Park
2015,2 2440-52 E75th St/ 7445-47 S Phillips Ave 19 Under Receivership|99|South Shore
2015,2 7642-44 S Essex Ave|99|Under Receivership|99|South Shore
2015,2 6504 S ST LAWRENCE AVE|99|Under Receivership 20 Woodlawn
2015,2 8015-17 S Ellis Ave|99|Under Receivership|99|Chatham
2015,2 6620 S SAINT LAWRENCE AVE|99|Under Receivership 20 Woodlawn
2015,2 5502 Congress/414-418 Lotus 17 Under Receivership 29 Austin
2015,2 4134 Wilcox 20 Under Receivership 28 West Garfield Park
2015,2 7655 S Carpenter/1024 W 77th St 10 In Court 17 Auburn Gresham
2015,2 6359 S Bishop/141 8-20 W 64th ST|99|Under Receivership 16 West Englewood
2015,2 7331 S Dorchester Ave|99|Under Receivership|99|South Shore
2015,2 4933 S Prairie|99|In Court|99|Grand Boulevard
2015,2 4800 S Winchester Ave|99|Under Receivership 16 New City
2015,2 61 20 S EBERHART AVE|99|In Court 20 Woodlawn
2015,2 1 234 Independence|99|Under Receivership 24 North Lawndale
2015,2 6501 S Kenwood Ave.|99|Under Receivership 20 Woodlawn
2015,2 61 12 S VERNON|99|Under Receivership 20 Woodlawn
2015,2 6612 S VERNON AVE|99|Under Receivership 20 Woodlawn
2015,2 918 N Drake|99|Under Receivership 27 Humboldt Park
2015,2 451 8 S. Indiana Avenue|99|Under Receivership|99|Grand Boulevard
Appendices - 49
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Appendices - 51
Department of Planning and Development NEIGHBORHOOD LENDING PROGRAM
January 1 - June 30, 2015
Quarter Reported Primary Address Loan Amount # of Units ; Ward
2015,1 5423 S Princeton $18,515|999|
2015,1 3647 N. Sacramento $16,000|99|33
2015,1 5445 N. Sheridan Ave Unit 2508 $135,000|99|48
2015,1 5230 S. Albany Ave. S95.000|99|14
2015,1 8517SOglesby S85.000|999|
2015,1 830 N Springfield $153,000 27
2015,1 6118 S.Talman Ave. $29,200|99|15
2015,1 5230 S. Trumbull Ave. $106,000|99|14
2015,1 7706 S. Winchester $155,800|99|18
2015,1 6417 S Artesian Ave $161,200 15
2015,1 8110 S Winchester Ave. $148,410|99|18
2015,1 9139 S. Lowe $27,720|99|21
2015,1 7041 S Crandon Unit 121 S60.730|999|
2015,1 8227 S. East End Ave. $13,899|999|
2015,1 4534 S Vincennes $41,310|999|
2015,1 5467 S. Ingleside #3E $132,000|999|
2015,2 3448 W. 60th St $90,400|99|23
2015,2 51 E. 37th PL . $50,500|999|
2015,2 710 S Keoler $28,250 24
2015,2 601 3 S. Sawyer $64,775|99|23
2015,2 6200 S. Richmond Ave $93,400|99|16
2015,2 5601 S. Hamilton $54,480 ¦1 15
2015,2 591 6 S Michigan Ave $126,000 20
2015,2 1 1033 S Union -- 34
2015,2 3210 E. 93rd St S16.550|99|10
2015,2 4411 W Fulton 5126,700 28
2015,2 1634 W. 93rd St. $145,950|99|21
2015,2 701 5 S Carpenter Street $37,700 |99|
2015,2 6543 S Vernon $6,926|99|20
2015,2 2240 N. Kilpatrick Ave. ¦ 1 36
2015,2 11615 S Elizabeth SI 14,900|99|34
2015,2 1632 N. Sawyer $178,780|99|26
2015,2 1840 N. Harding $189,000|99|26
2015,2 4328 W 18th ST $55,338|99|24
2015,2 6730 South Shore Dr #202 $42,300|999|
2015,2 1 624 S Ridgeway $94,700|99|24
2015,2 6722 S. Dorchester $109,200|999|
2015,2 7831 S. Maryland $59,200|999|
2015,2 2327 W. Harrison #1 $146,500|99|28
Appendices - 52
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Rented X X X X X X XXX
Sold X x X x X X X X X X X X X X XXXXXXxXXxXXxXXXXXX
For Sale /Rented or For Rent (availability varies per property) X X X X X x x X X X X X X X X X X X x X XXXXXXXXXXXXXXXXXXXXXXXX
Demo'd i 1 X X X X X X XX
In Rehab X X X X X X X x x x X X x X X X X X X X X X X XXXXXXXXXXXXXXXXXXxxXXXxXXX
Acquired X X X X X X X X X X X X X X X x X X x X X X X X X X X X X X XxXxXXXXXXXxXXXXXXXXXXXXXXXXX
Contract to Buy X X X X X X x * X X x X X X X X x x X X x x X X X X X X X X XXXXXXXXXXXxXXXxxxXXXXXXXXXXX
Developer Restoration Development, LLC Restoration Development, LLC I Restoration Development, LLC I POAH | Brinshore Development I Restoration Development, LLC DMR Investments LLC | POAH | Karry L.Young Development, LLC. | Karry L.Younq Development, LLC. I Karry L.Young Development, LLC. | Karry L.Young Development, LLC. | Kany L.Younq Development, LLC. I Vesta Property Development LLC I NHS Redevelopment Corporation | POAH | Restoration Development, LLC 1 Vesta Property Development LLC I Karry L.Young Development, LLC I POAH | CDGII, Inc | Karry L.Young Development, LLC | Vesta Property Development LLC I Breaking Ground | Karry L.Younq Development, LLC. | Restoration Development, LLC |Revere Properties Development |Celadon Holdings, LLC ITeam 4 Construction, LLC |Team 4 Construction, LLC |Revere Properties Development IKMW Communities LLC |Breaking Ground IDMR Investments LLC |New Homes by New Pisqah |NHS Redevelopment Corporation |KMW Communities LLC IKMW Communities LLC |Genesis Housing Development Corp |Genesis Housing Development Corp |Team 4 Construction, LLC INHS Redevelopment Corporation |New Homes by New Pisgah |New Homes by New Pisqah |KMW Communities LLC ITeam 4 Construction, LIC IDMR Investments LLC ITeam 4 Construction, LLC ILegacy Group Chicaqo Iy c % c Q. O > V o I? o IiNew Homes by New Pisgah |New Homes by New Ptsaah |KMW Communities LLC I
Ward o fN o rN fN o fN o o fN o fN i/i o fN o m ~* o IN o fN o IN m o fN o fN o rsl rsl r-v rsi ¦j-i in o fN o fN r-. rsi in inLT)r-. INmINCOr-.r~-COOOr-.r*.r-.rvOOr-r-«f"s.
Community Area Woodlawn Woodlawn Woodlawn I Woodlawn I Woodlawn 1 Washington Park I Washington Park 1 Chicaqo Lawn I Woodlawn I Woodlawn I Chicaqo Lawn | Chicago Lawn 1 Chicaqo Lawn I c s 5 o Ol 5 iz CJ Chicaqo Lawn I Chicaqo Lawn 1 Englewood j Woodlawn 1 Woodlawn 1 Chicago Lawn | Englewood I Englewood I Woodlawn I Humboldt Park I Humboldt Park | Chicaqo Lawn I Chicaqo Lawn I Woodlawn I Englewood 1 Humboldt Park I Chicaqo Lawn I Greater Grand Crossinq |Greater Grand Crossinq |Greater Grand Crossinq |Greater Grand Crossing |Greater Grand Crossing |Greater Grand Crossing |Humboldt Park IGreater Grand Crossinq |Humboldt Park IAustin jSoutti Shore 1South Shore )Auburn Gresham 1Auburn Gresham [Auburn Gresham ISouth Shore 1South Shore IAuburn Gresham |Auburn Gresham tAuburn Gresham IAuburn Gresham tAuburn Gresham IAuburn Gresham ISouth Shore 1Auburn Gresham jAubum Gresham IAuburn Gresham IAuburn Gresham IAuburn Gresham IAuburn Gresham 1Auburn Gresham )Auburn Gresham I
Estimated Total Development Cost as of 7/1/2015 rC tr" tr 10 S642,07l| OA T m ft $10,628,1351 so vO fN O $437,1311 o o o rn lO cn ? tr in OA in r-. co q $299,4161 $411,8521 $389,2081 $206,7251 $296.6581 $184,5911 S cn' m VI id OS CO' w $500,9971 $210,8681 $44,0451 O 00 in IN CO CO CO V* nn i/i ¦v* $418,6291 vO CP OA T fN Vt $341,0691 $46,6321 CO tr rsi ¦V* $353,1981 $187,9681 $338,5001$192,9491$700,1401$100,0881$225,8411$355,8021$288,0001$257,9521$381,612)$364,000)$357,696)$872,3431$422,8831OA VO tr$533,094)m CO VO OA m w$273,6591CO V ?$452,7281$385,0631m m d m m -V*m in CO in rsi V$428,0081$411,1401$229,0001$262,8641OA r-. d tr VI$400,5101in tr$307,547|$128,910)tr id
Reported Estimated Total Development ] Cost at Grant Close-out | $64369 59 1 N/A | $328,339.00 | $10,624,434 59 | $3,025,409.67 | $438,613.13 I $63,000.00 I $514,219.20 | $47,974 68 | $1,081,734 87 1 IN j-> m d cr. $411,865.15 I $389,208.30 | $193,662.15 J CO 00 T in rn IN n $184,591 00 I $65,367.34 | $118386 24 J $7,515.50 I $210,867.74 | $43,995.32 | $2,209,050.64 | $1,866,670.13 | N/A 1 $418,628.71 | $249,495.52 | $341,069.48 I $46,631 64 | s IN vO CO tr rsi N/A | $187,967.92 | $338,304.8? I$222,949.24 |$700,140.43 |$100087 50 1m cc in fi IN IN$354,051.92 |<$257,952.00 |$381,611.70 |N/A |T Cl OA vD rn$889,211 39 I_N/A J$371,150.79 |$532,397.08 |$396,875.22 1$273,658.95 )? CO$13,360.07 |$386,062.80 )$350,324.51 I$425,277.72 I$428,007.61 |$411,140.28 IN/A |CO OA IN IN Too tr in tr rn [n00 m in d" rslvO VOsri tr rC o$205,140.06 )OA oi a m m
Current Status In Rehab 1 In Rehab | Sold I Rented I Rented I Sold 1 Landbanked I Sold j Landbanked | Rented _| Sold I Sold 1 Sold I Sold | Sold 1 Sold 1 In Rehab I Rented 1 In Rehab 1 Sold I Landbanked | Rented I Rented I In Demo I Sold I SoW j Sold 1 Landbanked I Landbanked I In Rehab | Sold 1 Sold 1Sold |Rented I"O V c ¦Q T> c 5Sold |Sold ITarget 1Sold IRented ITarget |Sold IRented 1In Rehab 1For Sale |Sold ISold |Sold ISold IIn Rehab ISold ISold ISold 1Sold _|Sold 1Target 1Sold 1In Rehab |E-or Sale JLandbanked |Sold ISold ISold I
Units fN fN
Street Address 16125 S St Lawrence Avenue 1 16131 S St Lawrence Avenue | 1616 E 67th Street I 16200 S Vernon Avenue I 16205-15 S Lanqley Avenue I 16214 S Indiana Avenue J 16218 S King Dnve 1 |6237 S Sacramento Avenue | 16316 S Rhodes Avenue I 16323 S Inqleade Avenue I |6324 S Campbell Avenue | 16348 S Campbell Avenue 1 16351 S Campbell Avenue I 16354 S Rockwell Street I 16405 S Rockwell Street I 16408 S Talrnan Avenue 1 16427 S Yale Avenue I 16428 S Inqleade Avenue I 16431 S Vernon Avenue J |6433 S Talman Avenue I |6441 S Normal Avenue I 16443-59 S Yale Avenue | [6456 S Maryland Avenue | 1647 N Spaulding Avenue j 650 N Sawyer Avenue | |6501 S Artesian Avenue I |6511 S Maplewood Avenue I |6523 S Saint Lawrence Avenue | |6544 S Union Avenue I |657 N Drake Avenue I |6614 S Campbell Avenue I |6956 S Woodlawn Avenue I6966 S Woodlawn Avenue ||7014 S Kimbark Avenue |17122 S Ellis Avenue I7140 S Woodlawn Avenue |7143 S University Avenue ||716 N Avers Avenue S I17217 S Ellis Avenue )730 N Springfield Avenue )1741 N Lotus )17525 S Ridqeland Avenue )7543-45 S Phillips Avenue |7614 S Carpenter Street I7618 S May Street |7620 S Peoria Street I7622 S Crcgier Avenue |7631 S Cregier Avenue |7646 S Morgan Street |7706 S Throop Street I7719 S Ada Street I7719 Slhroop Street I7720 S Peona Street I7721 S Carpenter Street I7728 S Ridqeland Avenue I7730 S Carpenter Street I7734 S Aberdeen Street I7736 S Sanqamon Street I7737 S Carpenter Street I7749 S Ada Street |7801 S Aberdeen Street I7804 S Green Street I7808 S Peona Street I
Appendices
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Appendices
£ ¦ Sif. J.:5PEN5ITY BONUS REPORT (through 6/30/2015);.; i
Properly Addrati Developer Plan Commiuion Approval Type Pro|BCled Payment Cath Received Numbar of Affordable Uniti
¦26N DmPIiiiiwi/65»W RcnricVch Mei.:oW Sl.-.l ^e.elupmaiM $•¦-,;„ 10/6/2006 ur-VLniyriant TJ/A - .-ffjll-, ov\\ u-,li ralhar -a.' 1555,124 90|99|
2 W Ei *, Dii'in Hotel Diiiw r-uiJ. LLC jju^raril J33r>,400 00 1335,400 00
10 Epii DetowO'C Tan Eon Oelo-ore, LLC. I'm Pr.me Group Jun-06 payr"«nl }3,376,470O0 13,376,420 00
AO E Mon.o. Ma hi Dwelou-neril 5/1/2005 paynwnl 11,375,303 00 11.325.303 00
Ill W III,™ Inc Ajlcr G'Oup Ai ol Cigh.l p=,™h JW2.420 00 1927.420 00
133 5 Green, The Emerald S Greek town Retidcn-.cl ?a->*t% LLC, 4104 N Harlem, 60634 7/71/2006 Wn-, $785,600 00 1285.600 00
175 S Green, The E-ierald A Giaak Town Rviiden'.al 'u—.en LLC, 4134 N Htirle.-, f.0634 7/71/7006 paymart 1224.400 00 1234.400 00
151 N Slate Street iMOMO: Smilhl-eld Pioparliai. LLC 7/l/2r.r', pnynmrl iiw.occ on 1299,000 00
160E lll.no 1 O.-cinge Blje RHA Ai oi Right 163". 928 00 1639.B2BOO
30I-325W Ch.o(Bowne) Woodlawn Development LLC (Melropoliluri Real [Hotel 5/19/7005 poym.,,1 11.216.860 00 11,316,860 00
550 N SI Clo.f Sfeel Sulheilond Poo'wiH Dev Corp Ai ol Rjghl paymar.1 1373.180 00 1373,180 00
SOON Fonbor.LiCl 5.lmli DttveJupmerri, 610 N Ftmbonki 7/1/7005 pa,m.nt 1S8C. 980 00 1580,880 00
±11S Weill TR 'lomion. LLC Ai o! Riclil pa/mart 122.734 10 122,734 50
6-i5 S Clo t 5milhli«ld Picpartiei, LLC Ai or Right pa, men 1225.965 00 1225.965 00
'001 W va-,Bu-w Sm.ll.f iilrl Pn-pirliat. LLC 6/1/7005 , fl>.mM,l lfl7.<5- fil 167,451 81
'ififi S Slot* 13lW.Smie LLC 5/1/2005 1347.75J 00 1247.754 00
M0C-16S M.c.i.yun UOOSMich.gon LLC 12/1/7005 p<:,mn.,r 1432.3:680 1437,316 80
1454-io $ MKMicjnn Sedgwick Pfopwtiei D«v» Corp 5/19/2005 paynan- 1323,371 25 1322,371 25
15i5 S Wal»tli A.«nu* Nna Wei- Realr>, 1300 Pdd.ru Si . 3rd F1 Ai ol dg'it po> mant 1127,144 80 1127,144 80
1720S M.ch.gaii A.enue 1 71 7THC.I LC by CK7 D*««bpmen: UC 11/1/7005 1015.631 20 1915,631 20
2131 S M,ch,goiiA.e/213a3lrid.;jiiu Mich Gcn-lndicnu LLC L, Chi*N:n-i ConH . 11/1/2005 pu>r-.er.| 1M4.451 60 1614,451 60
71WS Irdia-.a Avnioi Developmen- Group. LLC Svtj-06 puyn.nl S2fi5.451 00 1285,451 00
705-'5W Waih.ng'on Jjpiler Reniiy Ccrpam1it.n 3/16/2006 pa/rant 1420.305 60 1420,305 60
712-232E £.¦¦•, 2I/-35W Huron [Fla^r Nc^porl Bu.ld.ri, Inc 17/1/2005 poymant 12,750,415 00 13,250,415 00
161 W Mi-.;,. Lrn.j Davaloucenl Ai o< »ighl pa> mant 11,211.280 00 11,311,360 00
1-5 w Walton / 7 W Mmi.i (Scottiih Rile ¦ Wcllcn on the Forkl Tie Cnlerprna Componiai Ai ol Right poymant 17.6V8.385 00 12,698,385 00
20O-2iflw Uike Si/206 N Walii Si 21C-218 W Lake LLC. 920 York Rd , • 370. ruiidal* IL 60521 Mox-07 pa, marl 11.439.416 80 11.439,416 80
lltiE E'.t NM Prcml Co.-npon,, LLC Ai ol Riqhi puTmfr-.t li.VJC.6B6 Ti 11.990.686 73
501 rl CI or* 15-75 WC>jncJ 5*-74 WIILrmi Bor.el'.L.C 1 l/l")/2009 pa/mar-1 12.JiC.H4S 90 12.V30.B43 BO
618-630 W Wain.nQlcn/101.131 H Dei Pin nei 'the Co'oryit; Th« Cor-anro-a G>o^p 70. LLC 12/1/3005 pR,m«n. 1540.630 CO 1540.630 00
111 W Wacker 4/11/J007 pcrmanr 189.86V 69 189.869 68
171N Wnbflih/73 E Lnke Street MAR 0«vilop<-enl. LLC 0/21/7008 penman; 11.482,941 00 11,482.941 00
212-232 Wllhnon Si , 501-Jl 1 N Frankl.nSi JUL Vqumt.ont, LLC, 908 tl H:rftt»d, Chimno Aug-08 poymant 12.654,166 00 11,191,822 00
1- KtClwilm,! Lmtfx Utwenty of Cticnn 3/21/7013 poyrian' 1770,607 00 1720,607 00
Arkadia 30l-17ShalUed ol.7y WAj.irri 758-79 WQumev WMe Oak Realty Pinneri 11/27/3013 11 675 '32 80 11,675.132 80
"' B - !28 W Chicago 30"- U\'i M L;i5.iNe Sm.;n-',0ld P-opad ei XVt LLC 5/16/7013 P 17-.4.U7 VO 1714,892 20
¦ 'fl . :vh w Chucicjo yr- sio u LuiS.jll. 5.T,.:-.;,«ldP-opariai A'l LLC 1/16/3014 pcymari* 1953 198 iC 1933,198 20
Old Colony Building 4<17SDec.L«m 3VT?WV,ln Bi.mn 407 Dauiborn LLC 7/18/7013 payman- JiC5,556 48 1001.336 48
707 Noilh Weill ALoto Do^dopment SetTicei N/A poyr->cn< 1351,877 60 1351,877 60
200-114 N M.diiyun Av, (200 N Mulligan Buck 0*>alcpmani 200 LLC 17/19/7013 po,mant 11,291,931 20 11,291,931 20
360 M M.r1li Mdmni i LLC 9/19/7014 pa, mant 1177.040 SO 1177,940 50
11«.; 14/ S S-olt jl [Slate/Elm £ir**r, Pm Slate Pn,par1, LLC 1/16/2014 po.merl l'17B,54J Cm 11.178,544 00
WIN Molik-d 1 '1 Po-nari LLC 8/71/7014 1913./03 00 1913.703 00
7i0 N L:i5;ille Supa-ioi Po'k LLC 0/71/3014 pa, marl 1.0B2.I20 80 11,062.120 80
15;l M .'ehVton ; (andolph Hotel'- A- -c H:ileli/JHM Hrileli Aio' f:W pjrr<.ari ii-J.tJl 19
51-67 E Va-i B^r»iV40l-41V S Waauih (Buckingham Wabdih II; B.cV.ncliom/WiiBcir- LLC 6/18/2009 pa/mrrl 12.026.87o 20
324 w Ho-nioii S-eet (Old Pott Office)' livemul.onal Properly 0«velo[;er» Nor'h 7/1B/2013 w«mA, 126,098,631 00
723-779 W Randolph {725 Randolph Sir**)) 725 Randolpii LLC 12/19/7013 po,mrnt 1541,640 4(j
167 Er.e MAC w«l LLC 8/71/7014 pciyment 12.310,888 80
451 F. Grand Ktfaltd MtiwCTl 11/18/7014 paymarM 12,963 168 00
400-420 vv Huron 700-70S N Sedawk Foodimth Huron Atioclaln LLC 12/18/2014 po/mei-.t 1744.312 80
215W lUbliaril 215 HuMinnl LLC 8*16/2019 pa^mar.1 S 1.461 552 80
B01-B33 N Gwk (833 Clark Apartment*; RyQ- Comouniai 10/23/2014 parmanl 1374 345 8C
(: Wi- .¦ . illL '1*Z*-3<0'5.*P3 'M.- *3/-BI7'-87:?i
"D*-»Jopvr -vji uyrteJ lo rjrcude ui 'e:in 1C% al bonui igua'a ioolcsa ci ot;ordjtJ* houiiny - for J "i.ini»uii of 781.735 v|iicre laal
*¦ -iilB. DENSITY BONUS: PROJECTS ON HOLD|^: I^i ¦.* '>: '"Si:-.
Property Addratt Developer Plan Commiuion . Approval Type Projaclad Poymani Caih Received Number of Affordable Uniii
^34o-5oS Wohoih Dove Dub... 3/17/7005 N/A Un:i 10
400 TJ LciV* Sliora Dn.e (The Spiral Shalborna r.'onn Wolar Sr-ae- LB 4/19/7007 poynen- 15.700,300 00
1377 S Wubaih (Glaihoui) Woooih S-.aai. '.'.C, t/o P.ea'moni r>vClsp„,rni. 377 S Sangamon. 60607 7/5/7006 pa/r-on' 1412,351 00
1 S'ju'- Huliled 773-741 W Modnon 1-41 Shdi-^H 760-//8WMoii.oti M,d C.ty Ploiti LLC 8/16/7017 12.5i?:,291 60
535 N Sr Cla.r Sulharl<:ndP«:irryillDav Com 4/l/20Ci6 13.5v5.-.'7 35
l-ll£ S.,...io. 1 E S.penor. LLC 2/1/3006 1940,960 00
¦iOOE On:o:,o Mono co Devalopman' 5/19/7005 13.930.970 40
.*!:' DENSITY BONUS: CANCELED PROJECTS : . ^fe. W- ¦» ¦ W
Properly Add ran Developer P:an Commtmon Aoproval Typ« Pro|aeied Payment Date Canceled
lfKi-'Ot 5 Sn-fini-ior. V3'j-9i3 W M.in-o« St Cim;Jul Co.-;lcrr:n _n i. L'X pnn.nl 1243.61: Oclobar-06
301-319 5 Songomon S-raat / 925 W jficlvin Hei'Jno' Pro pari hi Auguil-Cc. n„„ N/A Limit Marclt-10
501-517W fLrun, 058-670 tJ < rnjibi-ry. 300 507 W Ef.alPackKmaibufvl 501 Huron Build.ng Corpnm: on )una-06 po,n>„, 1853,320 AuguH-07
9 fr.il Hjron 8 E furonAuodO'et Novambei-06 ncyman; 1153,162 Aur.1.06
630 N Ruih (F/K/A 65 Ear Huron) (Canyon HurorRu»h. LlC ?acamber-05 poymant 11,150,239 J^ne-08
7'00S P.cir(Avarua 7100 S f-nir.n. LLC Ai ol Right poymar-.! 1179,730 A^ur-OS
35: ; Ohio/ 540 N ForbanVi Fonliciikt LVvolopmani Ajtcirinlm. LLC Janjaiy-07 11,047,V45 Oc-cbe--08
ri.nr- (Cliai* Loftm/Arlitocrall Wari-ari Do*elcpmonl September-01 pnymci'l 1576 94 7 00 Januar^.09
1 717 ?. F-r:,r * ¦7-.2S e.rsiie'.LC 7/1/7006 r-'ymeM StW.BvC 00 Scp-e-'-je-OC
6J0 fi M'.CIu'u Coluu & CoiHIVJT/ 5/1/2GCB $/.viC.KC6 40 L>«i'*irll'.Kr-:IV
Tofal ' ¦ . tim_
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uj *= O
5 E oj
0-2 rS
¦o I .3
Reference - 5