Darul Amaan is a 56 unit elderly development designed to serve independent living seniors. The 5-story, elevator building will be constructed on an 18,766 sf site located near the intersection of Kedzie and Lawrence in the Albany Park Community Area of Chicago. Darul Amaan is an extremely well-conceived and attractively designed development which will include […]
The final phase of the Uptown Preservation Plan was completed with the purchase of this 30 unit quality affordable housing complex. Ownership, which consists of a partnership between CCDC and Hazel Winthrop NFP, was jointly supported by IHDA, the City of Chicago, the Alderman and local community organizations. Financing consisted of City bonds, tax credits, […]
With options to purchase this property expiring in 2010, CCDC formed a partnership with Voice of the People in Uptown, Inc. to continue the acquisition and rehabilitation plans for various properties in Chicago’s Uptown neighborhood, which had begun in 2006. This 59 unit apartment complex was purchased in 2010 with construction reaching completion in 2011. […]
The affordability restrictions on this project consisting of 26 units of affordable housing for low and very low income families in the Uptown neighborhood, were to expire in 2008. In order to extend the affordability restrictions on the property for at least an additional 30 years, a partnership of Voice of the People in Uptown, […]
In light of the strong community interest in the preservation of existing affordable rental housing and in order to assure that Uptown can provide a diverse range of housing choices, CCDC developed an acquisition and rehabilitation plan for various properties in Chicago’s Uptown neighborhood. UPA consists of 77 units spread over three mid-rise buildings. Rehabilitation […]
Having been awarded an option to purchase the vacant parcel at 2922-50 South Archer Avenue, CCDC constructed a mid-rise rental property consisting of 55 apartments whose target market is elderly households aged 55 and over in the surrounding Chinatown community. Construction of this building was completed in 2007. This project was funded utilizing awards from […]
Developed under the City of Chicago’s Homestart Program, Archer Courts Townhomes is a market rate, for sale development of 43 townhomes built on the vacant parcel of land adjacent to the Archer Courts Apartments in Chicago’s Chinatown neighborhood. Construction of the development was completed the Summer of 2004. The sale of the units was completed […]
CCDC formed a joint venture with The National Housing Trust/Enterprise Corporation to acquire this 96 unit apartment building in December 2002. The $8.7 million development plan was financed by the City of Chicago, the Illinois Housing Development Authority and the Federal Home Loan Bank AHP program.
Fox Shore Apartments is a 94 unit multifamily apartment complex located on the Fox River in Aurora, Illinois. CCDC acquired this property in October 2002 with financing provided by the Illinois Housing Development Authority. The property is preserved under HUD’s Mark Up to Market initiative to preserve well located housing near job opportunities and transportation.
CCDC acquired these adjacent expiring use, project-based Section 8 developments in April 2001. The properties consist of 176 apartments and are located in Orland Hills, Illinois, a Southwest suburban community. CCDC completed a $2 million renovation in December 2001. The acquisition and rehabilitation were financed with the assistance of the Illinois Housing Development Authority.