Price growth in the Chicago housing market is now running twice as high as the national average, with Crain’s monthly real estate data roundup showing rising costs across much of the area have been in effect since last summer as interest rates have continued to remain high. #prices
In addition to POAH and KMW, the development includes Neighborhood Housing Services (NHS) of Chicago, a long-standing Community Development Financing Institution focused on affordable homeownership. #housing
“With the opening of Fifth City Commons we have reached an incredible milestone in the creation of more affordable housing options for residents,” said Mayor Brandon Johnson. #housing
In the 1960s, Dr. Martin Luther King Jr. came to Chicago to fight for fair housing, recognizing—then as we do now—that housing is not a privilege but a fundamental human right,” said Preston (D-Chicago). #discrimination
Next Gen is an opportunity for emerging developers across Illinois to gain knowledge in the Low-Income Housing Tax Credit (LIHTC) industry by providing access to affordable housing development training and project-specific technical assistance. #housing
Applications from Black, Indigenous, or People of Color (BIPOC) developers seeking to participate in the Next Gen training program can be found here. #housing
The Housing Fair is a collaborative effort between NHS, R.A.G.E., Teamwork Englewood, St. Bernard Hospital, Growing Home, IMAN, and will be held at Saint John Evangelist Missionary Baptist Church located at 1234 West 63rd Street.